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Home : July 12 2014 Computer News : Yahoo acquires video streaming startup RayV

Yahoo acquires video streaming startup RayV

July 12, 2014

Yahoo has acquired online video streaming company RayV with the aim of distributing content to more people, particularly via mobile devices. RayV, founded in 2005, is focused on efficiently distributing HD-quality video to a global audience, with a focus on mobile. Terms of the deal were not disclosed. “Yahoo is focused on growing video users and monthly streams, and while we’re only getting started, we’re very focused on this in 2014,” Yahoo said in its announcement of the deal. RayV’s service will improve Yahoo’s underlying technology infrastructure, and most of RayV’s employees will join Yahoo’s R&D center in Tel Aviv, Israel.To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2453540/yahoo-acquires-video-streaming-startup-rayv.html#tk.rss_all
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