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Kirkland, WA based Tukati, a P2P based CDN has been bought by the online streaming media delivery firm Abacast. The amount of the deal is yet t be known. Both the companies had been partnering for some time now. Now with the new deal they will be able to provide streaming, on demand videos, game, software distribution, progressive video delivery and push delivery.
Following is the press release of the deal as released by Camas, WA based Abacast:
Camas, WA (September 23, 2008) – Abacast, Inc., a leader in real-time streaming solutions has today announced the purchase of Tukati, Inc., a producer of peer-assisted on-demand delivery solutions. The acquisition brings a combined peer-assisted Live and On-Demand Service under a single entity, which was previously offered via a partnership between the two companies.
“The combination of these two companies’ technologies enables the first hybrid peer-to-peer solution covering the complete spectrum of real-time and on-demand distribution.” said Michael King, President of Abacast. “Bringing Tukati into the Abacast family enables content publishers to make a single vendor choice for reliable content distribution, while getting a huge leap in distribution efficiencies.”
The combined product gives content publishers a rich suite of delivery options including real-time streaming; on demand video, game, and software distribution; progressive video delivery; and push delivery. In addition, content demand and end-user performance metrics are offered in real-time, allowing marketing campaigns to be adjusted based on consumer usage patterns.
“The acquisition of Tukati by Abacast is great news for customers wanting secure, reliable, high volume rich media and file delivery services,” said Jim Kott, current CEO of Tukati who will transition to be the VP of Business Development at Abacast. “Sales, support, and product integration are now done by a unified team at a single location, leveraging our cumulative 13 years experience running large-scale, secure distribution networks.
