Home IBM Bets on Video Streaming with $130 Million Ustream Buy
 

Keywords :   


IBM Bets on Video Streaming with $130 Million Ustream Buy

2016-01-21 18:47:36| Electronics - Topix.net

In a bid to expand its portfolio of cloud-based computing services, International Business Machines Corp. has acquired Ustream Inc., a seller of video streaming services, in a deal valued at $130 million. Ustream adds to IBM's growing portfolio of video services and gives the company a stronger position in a market that could be worth $105 billion by 2019 as businesses increasingly use video as way of reaching customers, according to Steve Canepa, the general manager of telecommunications media and entertainment at IBM.

Tags: video buy million ibm

Category:Electronics and Electrical

Latest from this category

All news

»
26.11GibsonSG
26.11Dimarzio DP419 area67 2
26.11110
26.11
26.11tnqnp671
26.11SchucoClassic
26.11 DX 3 25CM
26.112018
More »