Internet Content Delivery
Thoughts and links on Internet content delivery, caching and CDNs by Doug Kaye.
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Low Beams.
Streaming media firm iBEAM said that it has filed for Chapter 11 bankruptcy protection and said it has sold substatially all of its assets to Williams Communications for $25 million. The deal is subject to bankruptcy court approval.
iBEAM had received $30 million in financing from Williams earlier this year in exchange for a 49 percent stake in the company. Williams will merge the remnants of iBEAM with its Vyvx Broadband unit if the deal goes through. [Source: Dotcom Scoop]
Posted Thursday, October 11, 2001 2:55:08 PM 
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