Today, Google announced their plans for a new acquisition.
This latest acquisition is Google’s purchase of Anvato, which is a platform that can be used for encoding, editing, and publishing video across platforms.
The company announced the deal earlier today, however, they did not reveal how much they paid for the acquisition.
But they did reveal the following:
Today, we’re excited to announce that Anvato is joining the Google Cloud Platform team. Anvato provides a software platform that fully automates the encoding, editing, publishing and secure distribution of video content across multiple platforms.
Anvato’s Media Content Platform, which counts many large media companies as customers, will complement our efforts to enable scalable media processing and workflows in the cloud.
You can read more about the news at the source link below.