Sky boosts multi-device with 1 Mainstream deal
August 5, 2013
BSkyB has acquired a $2 million convertible debt security in 1 Mainstream, a Californian based early stage technology company.
“1 Mainstream has built a platform which reduces the time and financial resource required to launch streaming video applications across a range of third party devices such as tablets, smart TVs, game consoles and Internet-protocol streaming devices. In addition to the convertible debt security, Sky has concluded a commercial agreement with 1 Mainstream covering use of their technology,” said the company.
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