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Acquisitions are playing a significant role in the growth of JumpTV Inc., the Canadian Internet television broadcaster that raised $100 million in going public on the AIM exchange in London earlier this year. The company now boasts 280 channels from 70-plus countries.

At Tech Confidential's Convergence 2.0 conference earlier this month, JumpTV CEO Scott Paterson spoke on a panel about Internet protocol TV and discussed JumpTV's recent acquisitions. Its most significant deal was for an online sports network it bought from XOS Technologies Inc. for $60.2 million. The network streams thousands of NCAA events and has 150 relationships with U.S. colleges, conferences and professional sports teams.

JumpTV is also spending some of its IPO proceeds on developing and rolling out its content delivery network. The company chose to develop its own CDN rather than going with one from Akamai Technologies Inc. or Limelight Networks Inc., which also went public earlier this year. Other CDNs were designed for video-on-demand, while JumpTV's technology was developed specifically for streaming video, said Paterson, adding that the company has invested $50 million in coming up with its CDN. - Mary Kathleen Flynn

See Sept. 11 post on TechConfidential.com
For more on JumpTV see alarmclock and paidContent.org