Brightcove to acquire Ooyala’s online video platform business

MUMBAI: Nasdaq-listed Brightcove, a leading provider of cloud services for video, has entered into a definitive agreement to acquire the online video platform (OVP) business of Ooyala, a provider of cloud video technology.

Brightcove is acquiring Ooyala’s OVP technology, including video content management and publishing platform Backlot, analytics, live, and underlying IP and associated patents.

As part of the transaction, Brightcove will acquire substantial portions of Ooyala’s engineering, support, and sales staff, including the company’s Guadalajara, Mexico operations. Brightcove intends to take on all customer, reseller, and partner relationships utilized by Ooyala’s OVP business globally.

Read more

You may also like

More in Broadcasting

Comments are closed.