IBM buys Ustream to power its new video services division

Posted By Jagdeep on Jan 23, 2016 in Blog |

Well, that was fast. Hours after reports surfaced that IBM was planning to nab video livestreaming company Ustream, the deal is official. The internet broadcast outfit will join IBM’s new Cloud Video Services division for live and on-demand video with “consistent delivery across global industries.” Ustream targeted business customers to flex its streaming muscle, including live CES coverage for a few big name companies at this year.

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