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January 21, 2016 03:30 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IrXz82n8nvM/
IBM Confirms Acquisition Of UStream, Forms New Cloud Video Unit
IBM confirmed that it has acquiredvideo conferencing service UStream this morning. With several cloud video acquisitions in tow, the company also announced it wasforming a new cloud video services unit.Fortune first reported the UStream purchaseand reports peg the purchase price at $130 million.IBM would not confirm that amount.The new unit will be comprised of four acquisitions… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/IrXz82n8nvM/
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