EchoStar acquires Move assets

EchoStar Advanced Technologies, a wholly owned subsidiary of EchoStar Corporation, has acquired assets of Utah-based Move Networks, the technology innovator delivering advanced solutions for large scale streaming of quality video on the Internet.

“We’re pleased to bring aboard the talents and proficiencies in adaptive streaming and IPTV from Move Networks which will enable us to expand our portfolio of advanced television technologies serving cable, satellite, telcos and IPTV video providers,” said Mike Dugan, president and CEO of EchoStar Corporation.

Move Network has a global resume of customers who are service providers and content owners in the US, Germany, Latin America, and the Middle East.

Financial terms were not disclosed.

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