Intel invests in iBEAM
Screaming media company gets boost
Posted in Business, 10th February 1999 13:04 GMT
It seems that scarcely a day passes without Intel investing in yet another company. This time, the iBEAM Broadcasting Corporation is the victim of Intel's largesse. The company announced that Intel is one of the investors in a new round of financing amounting to $13 million. iBEAM has a satellite based network of distributed servers which distributes streaming video and audio across the world. It specialises in Webcast Distribution. It's probably about time for us to compile a list of the companies Intel has invested in over the last year. The last time we talked to the company, it had invested in over 60 countries in Europe. ® Intel is not an investor in The Register
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