Firestrike Resources Limited (ASX: FIE) has just announced that it has signed a conditional agreement to acquire 100% of the issued shares in Linius, an Australian company that has rights to a developed, patented method and system for providing video content on a data network connected device having a display and device controller.
Key Highlights
- Linius transforms video file management and distribution by indexing and managing data within the video file itself.
- Linius has the potential to disrupt the entire video value chain.
- Potential to dramatically reduce the production and supply side costs of video management by, for example, removing the need for transcoding to the myriad of file formats required for broadcasting to different devices.
- Potential to facilitate truly personalised viewing experiences. No two streams need ever be the same again.
- In 2013, the Global Broadcasting and Cable TV Market Had a Value of $435 Billion (Reuters).
http://www.asx.com.au/asxpdf/20151028/pdf/432ghvvz1b25sv.pdf
- Forums
- ASX - By Stock
- FIE
- Firestrike to acquire transformative video management and broadcasting technology
Firestrike to acquire transformative video management and broadcasting technology
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FIE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online