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Brightcove acquires Ooyala's video business for $15M

Anthony Ha
Brightcove acquires Ooyala's video business for $15M

Brightcove just announced that it's acquiring Ooyala's online video platform business. The deal brings together two long-lasting players in the online video industry. Brightcove was founded in 2004 and went public in 2012, while Ooyala was founded in 2007 and was acquired by Telstra before management bought back the company last fall.