Ibeam locks on to Server-Side for $3 mil

Cyberbiz Brief

Streaming media player iBeam Broadcasting Corp. has acquired Server-Side Technologies Inc., a Los Angeles-based provider of secure digital media hosting and rights management services for $3 million. Acquisition will expand iBeam’s digital rights offerings to include satellite stream delivery, targeted streaming ad insertion and secure e-commerce music downloads. Server-Side’s customers include Liquid Audio, CDNow, Spinner.com, RioPort, Interscope Records, Launch.com, Atlantic Records and Paramount Digital Entertainment, among others.

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