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Broadband Briefs for 5/22/08

Thu, 05/22/2008 - 8:00am

• Brightcove forms Japanese subsidiary Brightcove KK
By Traci Patterson

Brightcove, a global Internet TV platform, has formed a majority-owned Japanese subsidiary, Brightcove KK. The new subsidiary is backed by $4.9 million in new investment from Brightcove and four Japanese strategic partners: Dentsu, J-Stream, transcosmos and Cyber Communications Inc. (CCI).

Three of the investment partners – Dentsu, J-Stream and CCI, along with Brightcove – will be sales agents for Brightcove KK in Japan.

Headquartered in Tokyo, Brightcove KK will operate a localized version of Brightcove's on-demand Internet TV platform, which is currently used by media companies and marketers across North America and Europe.

More Broadband Direct:

• Cox Business, Nortel to up sell Cox data subs to voice 

• Convergys acquires Visage Mobile's Subscriber Management platform 

• Sunrise Telecom rolls out monitoring system 

• Cisco completes purchase of Nuova Systems 

• Cable & Wireless sees full-year profit slump 5.7 percent 

• Broadband Briefs for 5/22/08 

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