RealNetworks will license MediaSite Live, Sonic Foundry's live and on-demand Webcasting application.
The technology provides a major capability for the new Conference Webcasting Service offered by Real Broadcast Network, the content delivery network division of RealNetworks.
"Given the dramatic fall-off and expected continued reduction in company travel and corporate spending, RealNetworks and Sonic Foundry are bringing a combined solution to market that offers all the necessary ingredients users want in a state-of-the-art interactive Webcasting solution'' says Rimas Buinevicius, CEO of Sonic Foundry.