- Clearleap provides a cloud-based platform for encoding, streaming, managing, and monetizing video content to clients such as HBO, A+E Networks, Verizon, Time Warner Cable, and BBC America. Acquisition-hungry IBM (NYSE:IBM -1.3%) has bought the company for an undisclosed sum.
- Big Blue will integrate Clearleap with its existing cloud offerings "to provide enterprises with a fast and easy way to manage, monetize and grow user video experiences and deliver them securely over the Web and mobile devices" It adds Clearleap's open API framework allows video to be easily embedded into applications, as well as be integrated with existing workflows and analytics software.
- Clearleap's services will be offered via IBM data centers, and its APIs added to IBM's Bluemix cloud app platform (PaaS) in 2016. The acquisition follows the October purchase of Cleversafe, whose object storage hardware and software is often used to handle video storage.
- Other recent IBM acquisitions