Google Buys Anvato to to beef up its public cloud

Thu Jul 07 2016
Nikki Bailey (1337 articles)
Google Buys Anvato to to beef up its public cloud

Google is buying Anvato, a company that provides video editing and processing capabilities, to beef up its public cloud.

Anvato’s media services let customers like NBCUniversal nbc , CBS Local Media, Cox Media, Bravo, and Telemundo encode, edit, and distribute video to iOS aapl , Android, desktop and connected devices.

Now that seemingly every company wants a lot of video available on demand, video preparation and distribution technologies like Anvato’s are a big deal. Making sure that video displays correctly on various screens and runs smoothly is a key concern that companies like it address.

The acquisition was announced on the Google Cloud Platform blog. No terms were disclosed, but this deal is likely something that Google’s enterprise senior vice president Diane Green will be asked about next week at Fortune’s Brainstorm Tech.

Google’s goog move follows IBM’s purchase of Ustream earlier this year, bringing more user-created video to its SoftLayer cloud. IBM had previously bought Clearleap, an Anvato competitor. Microsoft Azure msft also offers digital media services, as does Amazon amzn Web Services, which Netflix nflx uses to power it’s business.

Storing, processing, and distributing video is a resource-intensive job and a great showcase for the public cloud providers that amass the large stockpiles of servers, storage, and networking. This is why we’ll probably see more acquisitions of digital media specialists by cloud providers going forward.

Nikki Bailey

Nikki Bailey

Nikki Bailey reports on US Stocks. She covers also economy and related aspects. She has been tracking US Stock markets for several years now. She is based in New York