Monsoon Multimedia
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Monsoon Multimedia
Monsoon Multimedia was a company that manufactured, developed and sold video streaming and place-shifting devices that allowed consumers to view and control live television on PCs connected to a local (home) network or remotely from a broadband-connected PC or mobile phone. It was one of 5 major transformations (1st VGA in 1984, 16 bit audio and mixed signal ASICs in 1992, 1st commercially available CD Rom drive less than $100 in 1992, MPEG-2 adapters in 1996 and high compression software for mobile phones in 2001) initiated by Prabhat Jain, a Silicon Valley entrepreneur with 5 undergraduate and post graduate engineering degrees from Cal Berkeley and Univ of Vienna, Austria. On the even of Cisco acquiring Monsoon in 2017, EchoStar, the new parent of Sling sued Monsoon for patent infringement (of the Japanese patents), having obtained confidential information about the date of the acquisition by Cisco from a Monsoon employee under murky circumstances. Monsoon settled the lawsuit ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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