Wednesday, July 11, 2007

Level 3 buys Web and mobile video firm Servecast

(Reuters) - The deal follows a series of acquisitions by Level 3, which has a large metro fiber network, in an effort to expand in the online content delivery network business.



Dublin-based Servecast sells live and on-demand video management and streaming services for companies. It had about $5 million in annual revenue for 2006, Level 3 said.


Read more at Reuters.com Mergers News

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