Web: IBM acquires Clearleap to advance coud video services

December 2015 by: From The Web

IBM today announced that it has acquired Clearleap, Inc., a provider of cloud based video services, to boost its cloud computing initiatives. The move aims to empower users to access video from any device at any time and use it as a strategic source of data.


Clearleap will be integrated into the IBM Cloud platform 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. The news is part of IBM's broader strategy to help clients unlock the value of video as it grows in importance in business. IBM is advancing its cloud strategy to improve the performance and management of this powerful tool, and help clients extract insight from it.


Financial details were not disclosed. 


Increasingly connected consumers want video delivered when they want it and to the multiple devices they use for entertainment and information. In business, video has become a staple of communications across all industries as a primary method to engage with customers and employees for CEO webcasts, conference keynotes, training & education, customer care, how-to videos, and more.


As a result, clients across industries are demanding a secure, scalable, and open cloud-based solution to manage their video services. This is especially significant given researchers estimate that 80% of the world's data is unstructured and dark to computer systems that cannot effectively manage or exploit it. Video makes up a significant part of that data.


The Clearleap video platform is optimized for massive scalability, which enables clients to ramp up and support millions of concurrent users within seconds to support special events. The innovations have attracted leading brands such as HBO, A+E Networks, the NFL, BBC America, Sony Movie Channel, Time Warner Cable, and Verizon Communications, among others.


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