CDNetworks (KOSDAQ: 073710), a top-three global, full-service content delivery network (CDN), and Octoshape, a leading provider of high-quality peer-assisted streaming solutions, have joined forces to deliver affordable live streaming for millions of concurrent viewers. The hybrid peer-to-peer solution, resulting from the integration of CDNetworks’ enterprise network and Octoshape’s peer platform, is the first solution of its kind that is commercially available and tested for internet broadcasting of large scale events.

Available immediately, the CDNetworks Media Live Streaming service enables massively scalable live audio and video streaming that ensures high-quality end-user experiences while significantly cutting costs for the broadcasters and content owners. The combined Octoshape and CDNetworks solution takes streaming to a new level, providing a serious alternative to traditional large-scale broadcasting.

Source: http://www.prnewsnow.com/Public_Release/Tech%20Internet/220058.html