PixStream is a relatively
new company (just a bit past the
startup stage) located in
Waterloo,
Ontario. It is a
high-tech firm that
designs and
builds
hardware and
software products to distribute
video content over packet networks in
MPEG format. For example, a
telephone company could use PixStream
gear to collect video from various sources, and distribute that video to their
customers over
ADSL or
VDSL. Then the
telephone company could compete with the
cable company to deliver
television service.
Update Aug 31, 2000:
PixStream has now been acquired by
Cisco Systems, for $369 million (US$).
Update May, 2001:
Cisco decided to "transition out of" the PixStream business, and is getting rid of everyone who worked for PixStream and closing the office. The actual deal closed in late December, 2000, so they paid about half a billion ($CAD) to own the company for four months.