BitTorrent acquires uTorrent
BitTorrent, the San Francisco file sharing company that just received $20 million in venture backing to boost its video distribution offering, has just acquired the popular uTorrent application.
The amount was undisclosed. Like BitTorrent, uTorrent uses the same popular “bittorrent” protocol to distribute its files. But uTorrent’s application is lightweight and high-performance version, popular with Windows
The combination helps BitTorrent’s in its efforts to stake out a leading role in video distribution, as it cuts deals… Continue Reading