BW: Internet Partnership Group Tunes Into PenguinRadio
Jun 26, 2000, 21:38 (0 Talkback[s])
Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers
"PenguinRadio and Internet Partnership Group announced today
that they have reached agreement on a substantial equity investment
in connection with a wide-ranging deal to develop next generation
Internet radio and other audio services."
"PenguinRadio is developing Linux-based Internet appliances
that allow people to listen to thousands of Internet audio feeds
with or without a PC."
"The deal with Internet Partnership Group is a great fit for
PenguinRadio. In addition to providing the capital we need to
expand our business, it gives us access to their wealth of
proprietary Internet sports content and global technological
support from their Fast Growth Technology Partners," said Andrew
Leyden, CEO of PenguinRadio."