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Microsoft Gets a Piece of Move Networks

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Microsoft is extending its strategic relationship with Move Networks by adding an undisclosed amount of funding to the startup’s $46 million Series C round.

Move already has a five-month-old deal to be bundled with downloads of Silverlight, Microsoft’s Flash competitor. At this rate, how long before Microsoft buys Move?

Following the investment, the first joint deployment of Microsoft and Move is a live-streaming player of Democratic National Committee Convention coverage this week (see our comprehensive guide to online DNCC coverage here). Move wasn’t involved in Silverlight’s big Olympics deal with NBC.

Move said as part of the Microsoft relationship it would now support Windows Server-based encoding, Microsoft codecs and Silverlight DRM.

Disclosure: Move has been a sponsor of NewTeeVee events.