Feeds

RealNetworks buys Xing MP3 technology

Encoding, streaming specialist snapped up for $75 million

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

RealNetworks has bought MP3 software developer Xing Technology for up to $75 million worth or RealNetworks stock. The deal gives Real access to Xing's MP3 AudioCatalyst encoding and decoding software and StreamWorks streaming MP3 application, all of which it will use to extend its RealPlayer application to support the MPEG-based format. "With the acquisition of Xing, RealNetworks can now better serve the huge market of new artists choosing to use MP3 to legally distribute their work," said Real's CEO, Rob Glaser. The important part of the sentence is the phrase 'legally distribute'. RealNetworks clearly wants to stay on the right side of the Recording Industry Association of America and its Secure Digital Music Initiative (SDMI), yet it's equally certain that the company reckons that MP3 is going to continue to play an important role in the online music world, whatever specification the SDMI comes up with. Otherwise why not simply wait for the SDMI to issue its final report, which it's due to do later this year, and incorporate that? It's somewhat ironic that Real has chosen to buy an MP3 software company since it always hoped that its own RealAudio format would become the de facto standard for music streamed or downloaded via the Internet. It's a sign, perhaps, of how out of touch RealNetworks has been that it's only now that it has come to consider MP3 a force in what is arguably one of its core markets, and that it feels it lacks the internal resources to add MP3 delivery to RealPlayer. $75 million is, after all, rather a lot to pay for encoding and decoding software based on an open compression standard. Still, since Real is funding the deal with a new share issue, it won't in fact cost it anything. And, to be fair, Xing does come with much expertise in MPEG video transmission and streaming, both core technologies for Real. ® See also RealNetworks backs IBM digital music system a2b unveils latest digital music player, format

Providing a secure and efficient Helpdesk

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.