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IBM announces that it has acquired Ustream Inc., a provider of cloud-based live video streaming services to extend the IBM Cloud platform to help enterprise clients unlock the value of video, a rapidly-evolving digital media and data asset.
Ustream provides cloud-based video streaming to enterprises and broadcasters for everything from corporate keynotes to live music concerts. The company streams live and recorded video to about 80 million viewers per month for customers such as NASA, Samsung, Panasonic, CBS News, and PBS NewsHour.
Ustream joins the newly-formed IBM Cloud Video Services unit that combines assets from IBM's R&D labs and strategic acquisitions. IBM will deliver a portfolio of video services that spans open API development, digital and visual analytics, simplified management, and consistent delivery across global industries.
Keywords: Cloud Computing, Live Video Streaming, Visual Analytics, ARC Advisory Group.