EchoStar has acquired assets of Utah-based Move Networks, the technology innovator delivering advanced solutions for large scale streaming of quality video on the Internet. Financial terms were not disclosed.

"We’re pleased to bring aboard the talents and proficiencies in adaptive streaming and IPTV from Move Networks, which will enable us to expand our portfolio of advanced television technologies serving cable, satellite, telcos and IPTV video providers," said Mike Dugan, president and CEO of EchoStar Corporation, in a statement.

Move Networks has customers who are service providers and content owners in the United States, Germany, Latin America, and the Middle East.

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Wireless Network Investment Still Rising

The wireless industry invested $30 billion in America’s networks in 2020. That’s a five-year high, according to CTIA ’s 2021 Annual Wireless Industry Survey, and the third

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