Television network and Internet investor NBC Wednesday formed a strategic alliance with Sandpiper Networks Inc. to deliver content to NBC's financial portal CNBC.com.
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Under terms of the agreement, NBC will use Sandpiper's Footprint application for content delivery on CNBC.com in return will invest an undisclosed amount in the content company.
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Sandpiper's Footprint solution expedites the delivery of material from content-rich Web sites.
With the technology, users will have fast access to all of CNBC's business news and stock
tracking tools, the companies said.
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"We expect CNBC.com to become the destination for an ever-increasing number
of investors who demand the latest data on financial markets," said Bob
Meyers, General Manager, CNBC.com.
"As CNBC.com provides critical financial
information to its users, Footprint will provide a scalable and
comprehensive solution invisible to our audience."
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NBC, Sandpiper Partner in Content Deal