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.