Quantcast
CENTERSPAN ACQUIRES INTELLECTUAL PROPERTY
FROM SUPERTRACKS
Company Shies Away From HITS After Discovering Nothing We've Got Is Intellectual
Peer-to-peer company CenterSpan Communications today announced the acquisition of "certain intellectual property assets" from Supertracks.

And while the acquisition of "certain intellectual property assets" sounds like a fancy way of saying they bought porn, that actually isn’t the case. It’s actually much less interesting than that. The assets include source code and documentation for Supertracks' BridgePort Music System, a secure local cache streaming technology. In addition, Supertracks' digital music distribution technology and several associated patents-in-process were also acquired.

Current plans for the BridgePort technology include integration with C-star, CenterSpan's mediated P2P content distribution platform (hitsdailydouble.com, 8/16).

CenterSpan, as we’re sure you all remember, purchased the bankrupt Scour’s assets last year (hitsdailydouble.com, 12/12/00) and then relaunched a watered down Scour Beta earlier this summer (hitsdailydouble.com, 6/18)

Supertracks received approximately 66,900 shares of CenterSpan common stock at a price of $11.21 per share, for a total acquisition price of $750,000—that is, if they cash that stock in RIGHT NOW. Which, considering the shape of the market and the history of tech stocks, might be an excellent idea.

"Supertracks was an innovator in the distribution of content to secure local caches. Our acquisition of Supertracks' technology will help extend the distribution capabilities of the C-star platform," said CenterSpan Chairman/CEO Frank "Burnin’ Down The" Hausmann.

CenterSpan CTO Michael Hudson "Brothers Razzle Dazzle Show" and VP of Engineering Alfred "Killing Me Soft" Lee recently joined the company from Supertracks, and will be instrumental in using the Supertracks technology effectively to drive the accelerated development of C-star.

NEAR TRUTHS:
THE CAKE AND
THE CANDLES
Marketshare machers. (10/27a)
KENDRICK INKS WITH UMPG
Lamar enters the House of Jody. (10/27a)
YTD MARKETSHARE: AND THE WINNER IS...
It's a lock. (10/27a)
MAYBE, JUST MAYBE, PART 8,761: SURGERY IN THE TIME OF COVID
Planning for an Election Day hopped up on painkillers. (10/27a)
ONCE IN A LIFETIME
Vote. Do it now. (10/27a)
RAINMAKERS 2020
Bring your umbrella.
GRAMMY OUTLIERS
Mulling possible surprises.
HALLOWEEN IN QUARANTINE
Why not wear a mask indoors?
ELECTION 2020
What drugs will help us get there?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)