Ericsson buys cloud TV firm for $125 million
14 September 2015 |
Ericsson is to buy cloud-centric and software-based video company Envivio as part of its strategy to improve its TV and video portfolio.
Envivio, based in San Francisco, has customers including Comcast, Cox Communications, Liberty Global, Sky, Telstra and Time Warner Cable. The Swedish said that Envivio’s cloud-centric and software-based video capabilities will be a key addition to its extensive portfolio of media enrichment, processing, publishing, delivery and TV platforms, enabling TV experiences on any device.
6h | Alan Burkitt-Gray
7h | Alan Burkitt-Gray
19h | Laurence Doe
19h | Alan Burkitt-Gray