Business Services Industry
Microsoft takes out license with VDOnet. (Microsoft Corp. investment and licensing agreement)
Israel Business Today, November, 1996
Microsoft Corporation has announced the acquisition of equity in local video transmission software developer VDOnet. The announcement explained that the companies have signed a licensing agreement covering Internet communication technologies.
Microsoft's Internet platform and tools division vice president, John Ludwig, explained that the corporation has been investing in the development of Internet communications technologies and products for some time. "We concluded that Vdonet and its technology will complement our efforts and play a vital role in the future of network communications," said Ludwig.
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