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Article: High Speed Net Solutions and Summus Ltd. Sign Asset Acquisition Agreement; New Merged Company to Provide Leading Edge Wireless and Internet Technologies.
- Article from:
- PR Newswire
- Article date:
- October 31, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RALEIGH, N.C., Oct. 31 /PRNewswire/ --
High Speed Net Solutions, Inc., a leader in rich media advertising and content delivery, and Summus Ltd., a pioneer in wavelet compression technology, today announced the signing of an Asset Acquisition Agreement that will enable consumers and companies worldwide to gain faster and higher quality access to the Internet, using both wireless and traditional computing devices.
The combined companies intend to use their pioneering wavelet and compression technologies to bring to market a broad array of rich media products and services for use on wireless and broadband networks. These applications will raise the level ...