IBM has confirmed its acquisition of Ustream, provider of cloud-based live video streaming services. The company is also forming a new unit for housing its cloud video services.
Ustream delivers live and on-demand video to about 80 million viewers per month for a broad range of clients. Its broad customer base includes NASA, Facebook, Samsung, Nike, and Discovery Channel.
IBM plans to expand its cloud-based services with an acquisition of Ustream, provider of live-stream videos, and with the creation of a new cloud video unit.
The client base is broad…and eclectic.