With this asset purchase for $16 million cash, Autodesk’s Discreet Division enhances its award-winning content creation product portfolio with Media 100’s world-class streaming media software solutions. The acquired software product lines will be sold and distributed by Discreet within the year 2001.
The product acquisition forms the foundation of Autodesk’s entry into streaming media for the corporate and institutional markets. Autodesk’s Discreet customers will now be able to create, distribute, re-purpose and publish media content for consumption via the Internet, corporate Intranets and IP-enabled devices such as cell phones and PDAs.
