Amazon Web Services agreed to acquire Elemental Technologies, which offers software-defined video solutions for multiscreen content delivery. Financial terms were not disclosed.
Elemental, which is based in Portland, Oregon, will continue to operate its business under its existing brand, delivering the full range of solutions for pay TV operators, content programmers, broadcasters, governments, and enterprise customers. Elemental will also expand the integration of its offerings with AWS.
“Elemental shares Amazon’s passion for invention and putting the customer first,” said Andy Jassy, Senior Vice President of Amazon Web Services. “Together, we’ll collaborate on deeper technology integrations and new infrastructure offerings so that media and entertainment companies can evolve their hybrid and cloud models as they continue to innovate their services for viewers.”
Thursday, September 3, 2015
Amazon Web Services to Acquire Elemental
Thursday, September 03, 2015
Amazon, AWS, Mergers and Acquisitions
