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Microsoft (MSFT) Announces Cloud-Based Strategic Alliance with Movideo

March 22, 2012 12:02 PM EDT
Microsoft Corp. (Nasdaq: MSFT) and Movideo Pty Ltd. today announced a four-year strategic agreement in which Movideo will migrate its integrated online video platform to Windows Azure to drive business growth across Asia Pacific (APAC) and beyond.

Movideo is a media-centric and integrated online video platform, delivering positive business outcomes via an end-to-end video solution, encoding, storing, managing, syndicating and delivering audiovisual content to multiple end-user devices, and featuring powerful business intelligence tools for detailed analysis. Movideo is owned by the ASX-listed MCM Entertainment Group Ltd. (MEG).


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