IBM has acquired Clearleap, a provider of cloud based video services, to boost its cloud computing initiatives.
Clearleap will be integrated into the IBM Cloud platform. Financial details were not disclosed.
The Clearleap video platform is optimised for massive scalability, which enables clients to ramp up and support millions of concurrent users within seconds to support special events. The innovations have attracted leading brands such as HBO, A+E Networks, the NFL, BBC America, Sony Movie Channel, Time Warner Cable, and Verizon Communications, among others.
This platform, which has been tested and proven by leading media and entertainment brands with millions of subscribers will provide a strong foundation for enterprise, education, and government customers as well.
“Clearleap joins IBM at a tipping point in the industry when visual information and visual communication are not just important to consumers, but are exploding across every industry,” said Robert LeBlanc, SVP, IBM Cloud.
“This comes together for a client when any content can be delivered quickly and economically to any device in the most natural way.”
Clearleap’s video services will be offered through IBM Cloud data centers around the world.
“With consumer demand for video growing exponentially, the business of creating compelling and personalised video experiences is booming. This makes the acquisition by IBM, a global leader in technology, a perfect fit,” said Braxton Jarratt, CEO of Clearleap.
“As a part of IBM, we can extend the capabilities and global reach of the Clearleap innovations to grow and scale like never before.”
