Facebook Acquires Quickfire Networks for Video

Facebook has acquired QuickFire Networks, a start-up based in San Diego that specializes in video encoding technologies. Financial terms were not disclosed.

QuickFire developed a 1-RU, Intel-based appliance for processing and transcoding video.

Facebook noted that it now has over one billion video views on average every day.

http://www.quickfirenetworks.com/

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