Tuesday, 02 April 2019 21:12

Brightcove completes acquisition of Ooyala online video platform business

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Brightcove completes acquisition of Ooyala online video platform business Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Cloud services video provider Brightcove has completed its acquisition of the online video platform business of cloud video technology Ooyala.

According to Brightcove, the strategic acquisition strengthens its position as the “market leader in the online video industry”, with Ooyala OVP customers joining an “already impressive list” of companies working with Brightcove.

“This is an exciting time for the company as we integrate Ooyala’s OVP business into Brightcove,” said Brightcove chief executive Jeff Ray.

“We are thrilled to welcome Ooyala’s OVP customers to the family, along with our new team members in Guadalajara and around the globe. We look forward to providing a world-class experience for all of our new, future, and existing customers and employees.

“The addition of our new team members further positions Brightcove to accelerate our speed of innovation and provide deeper support for all of our customers. We are living in the age of video and are 100% committed to ensuring that our customers reap the power and value of video technology to help propel their businesses forward.”

Since its inception, Brightcove says it has been dedicated to building a “best-in-class global video platform” with solutions to support media, entertainment, marketing, and enterprise companies.

Brightcove says the acquisition will see aspects of Ooyala’s technology integrated into its platform to provide a “best in class offering for all customers”.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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