RayV yahoo’s acquisition of streaming media video company

according to reports in the science and technology web site CNET, yahoo announced on Friday, has acquired streaming video startup RayV, the latter’s technology can help yahoo provide the latest entertainment services to the audience.

RayV, founded in 2005, is an Israeli company, is good at to large-scale online and mobile users to deliver high quality streaming video. RayV will join the yahoo of the research and development center in tel aviv. Did not disclose financial terms.

the deal comes as yahoo’s foray into online media sector, the company has completed several high-profile talents and content of the introduction of deal. Recently, yahoo said the resurrection has recently been NBC cut the comedy “faggots alliance” (Community). In April this year, yahoo announced two original 30 minutes of play, one by the director of the most critical bridesmaids Paul ferguson (Paul Feig).

in addition to television content, yahoo also announced in April has been working with planning company LiveNation concert. In the next few years, yahoo every day through the way of streaming media playing a concert. Yahoo said on Friday, on July 15, online music channel will join the Dave Matthews chorus and singer John Legend (John Legend).

but if yahoo is not a good way to deliver content to the user, so the effort is a drop in the bucket. “RayV team has just like our passion of innovation, to create a video infrastructure, will be the ultimate video delivery to the user experience.” Yahoo cloud head nava he (P.P.S. Narayan) said.

source: phoenix technology