The merger brings Digital Origin's applications into the Media 100 fold, and lets the new company, offer a tightly integrated suite of applications, according to Media 100. Post-merger, Media 100 is focused on the provision of streaming-media solutions for the next generation of dynamic Web sites.
The companies announced their intention to merge in December 1999. Media 100 CEO John Molinari said: "The integration of Digital Origin’s technology and core competencies into Media 100 creates a ripple-effect across all our products, enabling us to immediately deliver streaming-media solutions unrivalled in sophistication and innovation to an even broader customer base."
Mark Housley, Media 100 president and chief operating officer, said: "Combining Digital Origin's DV expertise with Media 100's streaming-media leadership, firmly positions us as the world's first company to offer an integrated streaming-media application suite. The combined company will target Internet desktops with low-cost applications, that allow personal computer users to capture, edit, and stream video on the Internet using a single, integrated, and easy-to-use application."