Clearleap

IBM Confirms UStream Acquisition, Steps Further Towards Developing Own Cloud Video Streaming Unit

IBM has announced Thursday purchasing live video streaming platform, UStream. Details of the acquiring deal haven’t been disclosed, but the price believed to peg a price not more than $150 million in cash. IBM has furnished a press release in its website, which ends leaving probability for changing its narrated goals on forming cloud video unit.

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Clearleap obtains USD20 million in investment via Susquehanna-led round

Clearleap would use the proceeds from its recent investment round to fund its expansion plans in Europe and Latin American, including the hiring of additional employees.

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