Move Networks Buys Inuk Networks

Move Networks, an American Fork, Utah–based provider of Internet television services, has acquired Inuk Networks, a UK-based triple-play service provider. No financial terms were disclosed. Move has raised over $57 million in VC funding from firms like Benchmark Capital, Cisco Systems, Comcast Interactive Capital, Hummer Winblad Venture Partners, Microsoft and Steamboat Ventures. Inuk Networks had raised around $18.5 million from S4C and Wesley Clover.

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