IBM is reportedly in talks to buy uStream, a competitor to Amazon's Twitch, for $130 million
REUTERS/Brendan McDermid
IBM CEO Ginny Rometty
UStream, founded in 2007, is best known as a competitor with Amazon's Twitch - it lets users broadcast themselves, their computer desktops, or video games live to a participatory audience.
Prominent figures like President Barack Obama, Rand Paul, and NASA have all made use of uStream at one point or another.
With this acquisition, the company's IBM Cloud would likely integrate uStream's video technology, letting developers build apps - especially enterprise apps - that let users easily share their desktops or other streaming content. IBM and uStream have had a technological partnership in place since 2014, doing much the same thing.
We've reached out to IBM for comment and will update when we hear back.
Next Story
Global stocks rally even as Sensex, Nifty fall sharply on Friday
In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
SBI Life Q4 profit rises 4% to ₹811 crore
IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market
