September 16, 2009 3:15 PM ET
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=ACBJ&date=20090916&id=10397865
Google Inc. is reportedly weighing the acquisition of Internet TV service Brightcove Inc. for between $500 and 700 million.
Mark Glaser, the executive editor of PBS MediaShift and Idea Lab reported the story, citing a source "with knowledge of the deal." He speculated that buying Cambridge, Mass.-based Brightcove would give YouTube an entry into paid video service with many traditional media company clients.
Brightcove provides businesses with a platform for online video delivery. It has raised $91 million from investors including General Catalyst Partners and AOL.
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