Brightcove to acquire MetaStories

Brightcove to acquire MetaStories

Internet TV infrastructure provider Brightcove has announced that they are acquiring MetaStories. Brightcove would now offer their product offering StoryMaker interactive Flash content solution as an interactive component of Brightcove technology or as a standalone product.

The two companies however declined to reveal the terms of their financial agreement. MetaStories is primarily based in Seattle and have just around 10 employees. However, they have been quite successful in the market with a distinguished roster of customers.

Some of the well-known customers of their products are MSN, USA Today, Discovery Networks, National Geographic, and Scripps Networks. All these companies use their StoryMaker to help their drive into the booming Internet TV market.

Jeremy Allaire, founder and chief executive officer of Brightcove said in a statement on this acquisition: “Internet TV is fundamentally about delivering video programming through interactive, rich-media experiences that go well beyond what traditional broadcast and cable TV has offered. MetaStories’ rich-media publishing tools complement the Brightcove Internet TV service and significantly expand our ability to meet the broadband publishing and distribution needs of media companies.”