Public cloud provider Amazon Web Services today announced that it has acquired Elemental Technologies, a startup with video processing services to repurpose traditional video content into digital formats. Terms of the deal weren’t disclosed, but a report from The Information earlier today pegged the deal at $500 million. AWS, a fast-growing division of Amazon.com and […]
Amazon buys video processing company Elemental Technologies to bolster AWS
Venture Beat - 3 Sep 2015 22:17
Public cloud provider Amazon Web Services today announced that it has acquired Elemental Technologies, a startup with video processing services to repurpose traditional video content into digital formats. Terms of the deal weren’t disclosed, but a report from The Information earlier today pegged the deal at $500 million. AWS, a fast-growing division of Amazon.com and […]
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