IBM Confirms Acquisition Of UStream, Forms New Cloud Video Unit

IBM Confirms Acquisition Of UStream, Forms New Cloud Video Unit

UStream.TV t-shirt. IBM confirmed that it has acquired video conferencing service UStream this morning. With several cloud video acquisitions in tow, the company also announced it was forming a new cloud video services unit. Fortune first reported the UStream purchase and reports peg the purchase price at $ 130 million. IBM would not confirm that amount. The new unit will be comprised of four acquisitions… Read More
Enterprise – TechCrunch

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