Brightcove Completes Acquisition of Ooyala

Cloud-service provider scoops up one of industry's top online-video-platform businesses

Brightcove, a provider of cloud services for video, completed the acquisition of the online-video-platform business of Ooyala, whose OVP customers will join the ranks of companies working with Brightcove.

“This is an exciting time for the company as we integrate Ooyala’s OVP business into Brightcove,” Brightcove CEO Jeff Ray said in the official release on Monday. “We are thrilled to welcome Ooyala’s OVP customers to the family, along with our new team members in Guadalajara and around the globe. We look forward to providing a world-class experience for all of our new, future, and existing customers and employees. The addition of our new team members further positions Brightcove to accelerate our speed of innovation and provide deeper support for all of our customers. We are living in the age of video and are 100% committed to ensuring that our customers reap the power and value of video technology to help propel their businesses forward.”

Aspects of Ooyala’s technology will be integrated into the Brightcove platform to provide a best-in-class offering for all customers. Brightcove (Booth SU1920) will be discussing its new look during next week’s NAB 2019.