QuickFire announced the acquisition on its blog on Thursday. (Reporting By Sai Sachin R in Bengaluru)
Facebook’s acquisition of the video technology company comes a day after it said in a blog it averaged more than 1 billion video views every day since June 2014.
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Facebook and QuickFire did not disclose the terms of the deal.
(Reuters) – Social network operator Facebook Inc said it bought QuickFire Networks, a startup that helps view high-quality video with low bandwidth.
Thu Jan 8, 2015 6:22pm EST
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