Telstra to invest additional $US270m in Ooyala video streaming

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Telstra’s Global Applications and Platform Group has made its first acquisition via the purchase of a 98 per cent stake in Silicon Valley-based video streaming and analytics company, Ooyla, valued at $US270 million.

The move increases the telecommunication provider’s existing investment of $US61m (23 per cent) in the company.

See more at Computer World 

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