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IBM acquires Clearleap to boost cloud services

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    Kanal D International brings Turkish drama ‘Farewell Letter’ to Estonia

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    ZOI, PCCW Global, Sparkle and Telecom Egypt to construct AAE-2 subsea cable

    ZOI, PCCW Global, Sparkle and Telecom Egypt to construct AAE-2 subsea cable

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    E& enterprise and Microsoft to drive AI adoption across industries

    Sony Music Middle East partners with LuxuryKSA to champion Saudi music talent

    Sony Music Middle East partners with LuxuryKSA to champion Saudi music talent

    EU Commission approves SES acquisition of Intelsat without conditions

    EU Commission approves SES acquisition of Intelsat without conditions

    Esports World Cup Foundation and Amazon announce three-year partnership t

    Esports World Cup Foundation and Amazon announce three-year partnership t

    Quantum Space secures $40m Series A extension

    Quantum Space secures $40m Series A extension

    ‘Sudan, Remember Us’ wins Audience Award at FCAT 2025

    SAFAR Film Festival returns for 10th edition

    Orange Middle East and Africa and risingSUD join forces

    Orange Middle East and Africa and risingSUD join forces

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      Kanal D International brings Turkish drama ‘Farewell Letter’ to Estonia

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      Transforming the entertainment experience with tech

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      Home News Mergers/Acquisitions

      IBM acquires Clearleap to boost cloud services

      Staff Reporter by Staff Reporter
      December 10, 2015
      in Mergers/Acquisitions, News
      ShareTweetPostEmail

      IBM has acquired cloud video services provider Clearleap in a bid to boost its cloud services. Clearleap will be integrated into the IBM Cloud platform to provide enterprises with a way to manage, monetise and grow user video experiences and deliver them securely over the Web and mobile devices. Video has become a growing part of […]

      acquisition-strategyIBM has acquired cloud video services provider Clearleap in a bid to boost its cloud services.

      Clearleap will be integrated into the IBM Cloud platform to provide enterprises with a way to manage, monetise and grow user video experiences and deliver them securely over the Web and mobile devices.

      Video has become a growing part of the data that IBM customers need to be managed. Clearleap’s technology will become part of IBM’s Cloud platform to make it easier to deliver and monetise video online and on mobile devices, the company says.

      Computer systems are unable to handle about 80% of the world’s data, and much of that is video, IBM says and this acquisition will help streamline that data.

      Clearleap’s video platform is optimised for scalability, and can support millions of concurrent users on special events. Its technology sees use with brands such as HBO, A+E Networks, the NFL, BBC America, Sony Movie Channel, Time Warner Cable and Verizon Communications.

      “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, Senior Vice President, 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.”

      “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.”

      Last month, IBM acquired software developer Cleversafe, which creates tools for the storage and management of such unstructured data. Coupled with its 2014 acquisition Aspera and Clearleap, IBM says it plans to make it easier for customers to store, index and retrieve video content in the cloud.

      Tags: ClearleapcloudfeaturedpostIBM

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