Vimeo plans to acquire live video streaming company Livestream

Vimeo plans to integrate Livestream into a newly launched live Vimeo product. Terms of the deal were not disclosed. “Live streaming is the No. 1 request from our creator community this year, and we’re focused on bringing a new level of quality, convenience and craft to this evolving medium,” Vimeo Chief Executive Anjali Sud said in a statement. – Trey
Williams, MarketWatch