Tag Archives: IBM

IBM Acquires Ustream for $150 Million, Powering Into Live-Streaming Video

photo: Variety

IBM has acquired Ustream, a provider of live and on-demand video-streaming services, […] The deal is worth about $150 million, including potential future payments if Ustream hits performance targets, according to a source familiar with the deal. IBM is paying $130 million for Ustream excluding earn-out provisions, Fortune Magazine and The Wall Street Journal reported. (IBM said terms of the deal are not being disclosed.) – Todd Spangler, Variety