Apple is getting a license to Burst.com's portfolio of video-related technology and the end of the litigation between the two companies for $10 million.
After failure to reach licensing deal, Burst sues over patents it claims are being violated by iTunes, the iPod and Quicktime.
After negotiations break down, Mac maker asks court to determine Burst's patent infringement claims are invalid.
The streaming company files a suit that alleges the software giant bullied Burst.com partners and customers and stole the streaming company's technology.
Burst.com, a streaming-media firm suing Microsoft for patent infringement, alleges that Redmond axed e-mails crucial to the case.
Burst.com, which is suing Microsoft for patent infringement, plans to ask a judge to lift a protective order sealing certain files.
Burst.com, a developer of video and audio software, has partnered with a broadband supplier, making it possible for Burst to deliver movies through high-speed Internet connections. By partnering with Eagle Wireless, based in League City, Texas, Burst will be able to offer video-on-demand for gated residential communities, multifamily housing, the hospitality market and wireless applications. The deal involved a stock exchange. Burst, based in San Francisco, received 504,600 shares of Eagle's stock, while Eagle scored 1.5 million shares of Burst. Relationships such as the deal between Burst and Eagle Wireless are expected to become essential as Hollywood studios press for ways to put movies online.
The company takes a small stake in San Francisco-based Net audio and video company Burst.com, with hopes of finding a technology that will help improve streaming media.