Microsoft acquires Pando, next-gen Xbox expected in June
Authored by Patrick Day-Childs
Microsoft have just bought Pando, for $11million. Pando is basically a torrent app that nobody likes.
“Fendo developed a file transfer service between P2P users, and made it the means of distribution based cloud service for games, video and software content giants, while active large file transfer service for consumers and businesses. The purchase was made in part to give Microsoft an advantage in sharing media files for the launch of the new Xbox gaming console is expected in June, and to compete with Sony, who revealed last month its future media console PlayStation 4. “
Calcalist is a business magazine, so they’re not likely to try churn out rumours just for fan boy hits.
The article then went on to say
“More than 30 million users have installed the software Fendo File Transfer, which allows sending free files size up to 1 GB – SATA. The clients of Fendo one of American television network NBC Universal, which uses its own technology to deliver HD TV PC.
In recent years the gaming industry has become the biggest client of Fendo, thanks to technology that allows distribution of games with a volume of installation files over 1 GB – SATA. Its customers include Nexon, Riot Games, Turbine, Gala-Net and LevelUp.”
This is getting interesting, what do you think of a launch in June? Too soon?