Promising merger has been established between XStream Software Inc. (www.xstreamsoftware.com), a premier provider of advanced software technologies for E-Learning, Multimedia Content Authoring, Administration/Tracking, and Web-based Communication and Collaboration, and SofTV.net (http://softv.net), a pioneer in the streaming media software market. This initiative aims at achieving a high-quality, single, end-to-end software solutions source for serving the ever-growing demands for web-based multimedia content development and deployment.
The newly-established integration of the SofTV first-class streaming media technology with XStream's e-learning technology suite will offer developers, e-learners, managers, and others much more powerful custom toolbox solutions for authoring and streaming media content. Before reaching this decision, the two companies have had business relations initiated by XStream who incorporated SofTV.net powerful streaming media capabilities for delivering online content to web users a real-time basis with its own technologies.
Through the new deal, XStream will now take a full advantage of SofTV.net streaming media platform, thus providing customers with individual XStream and SofTV.net technologies that can be either used separately or integrated for advanced development of streaming e-learning content, web sites, audio/video presentations etc. Under the deal, XStream will also be authorized to leverage the SofTV.net technology in the processes of future software enhancements and new technologies development.