IBM buys Ustream to energy its new video providers division

IBM buys Ustream to power its new video services division

Nicely, that was quick. Hours after stories surfaced that IBM was planning to nab video livestreaming firm Ustream, the deal is official. The web broadcast outfit will be a part of IBM’s new Cloud Video Providers division for stay and on-demand video with “constant supply throughout international industries.” Ustream focused enterprise clients to flex its streaming muscle, together with reside CES protection for a number of huge identify corporations at this yr.

Along with broadcasting press conferences for company shoppers, Ustream powers occasion protection for NASA and a variety of different broadcasters. For $ninety nine a month, customers can broadcast as much as one hundred hours of video on a devoted channel via the service. We’ll have to attend and see if IBM’s aspirations are extra targeted on enterprise than shoppers, however the transfer follows Amazon’s buy of streaming competitor Twitch in 2014. Whereas monetary phrases weren’t disclosed, earlier studies indicated that the deal was value $one hundred thirty million.

Supply: IBM
On this article: av, leisure, ibm, web, livestream, streaming, ustream, video
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