San Francisco (USA), Jan 21 (EFE) .- The technology company IBM today announced the acquisition of the platform live video streaming Ustream, based in San Francisco (EE. UU.), in a deal worth $ 130 million, according to The Wall Street Journal.
IBM said in a statement that the purchase is intended to help its customers leverage the potential of video, ” a digital environment that is rapidly evolving. “
IBM did not disclose financial details of the operation but the Journal said it had closed the purchase of 130 million dollars.
IBM recalled Ustream today has about 80 million viewers per month and its clients include companies such as NASA space agency, Samsung and Facebook technology, the sports firm Nike and television channel Discovery Channel.
company said the video division will be led by Braxton Jarratt and target the market for software services and video services in the cloud, according to estimates by IBM will reach 105,000 million dollars this year.
“Video has become a fundamental method to interact with customers and employees through a wide range of media assets, including transmissions over the web, speeches at a conference, web conferencing education and training, the customer service and the videos that explain how to do things, “said IBM.
IBM announced on Tuesday this week that its profit in the fourth quarter of 2015 fell 19% due to a contraction of 8.5% revenue increase, to 22,060 million dollars.
The computer manufacturer revenues have contracted for 15 consecutive quarters. EFE
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