Monday, March 20, 2006

Brightcove acquires MetaStories, joining two Internet start-ups - The Boston Globe

Brightcove acquires MetaStories, joining two Internet start-ups - The Boston Globe: "The Internet television start-up Brightcove of Cambridge is set to disclose today that it has acquired Seattle-based MetaStories, another start-up that provides tools for producing interactive online content.
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Brian Monnin, the MetaStories cofounder and chief executive, who is a veteran of Microsoft Corp.'s MSN division, will remain in Seattle with his 10-person team and report to Allaire. Rather than move MetaStories to Brightcove's headquarters in Cambridge, home to most of its 50 employees, Allaire said that he decided to keep the Seattle operation as a base for recruiting multimedia employees from companies like Microsoft, Real Networks, and Amazon.com."
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