IBM confirms acquisition of Ustream video streaming service

By now we already know that video is the type of content that will dominate Internet traffic in a few years, with which different technological companies are already preparing to reinforce their bets for this type of content, which is rapidly growing.

In this sense, IBM has confirmed today in a press release that it has acquired the USTREAM video streaming platform without revealing the economic terms of the acquisition, although yesterday the Fortune publication echoed this acquisition by valuing the purchase price in about 130 million dollars.In this way, both USTREAM and previous acquisitions focused on the world of Internet video, that is, ClearLeap, Cleversafe and Aspera, together with IBM research and development laboratories, will form the new unit of cloud video services that IBM It is creating, which will be focused on the business sector, being in charge of the same Braxton Jarratt, which came to IBM as part of the acquisition agreement for Clearleap, a service specialized in video storage. Jarratt points out that the new IBM unit lacked a streaming video service, a deficiency that has already been covered by the acquisition of USTREAM.

USTREAM offers its video streaming service to both organizations and companies, both live and on demand, having among its clients companies and organizations as important as Facebook, Samsung, NASA, among others. It has an average of about 80 million viewers who enjoy the content available on each of the existing channels. Currently, Ustream already reflects being part of IBM on its official website.

Back to top button

Ad blocker detected

You must remove the AD BLOCKER to continue using our website THANK YOU