Thursday, 08 December 2016

Telstra spends US$270m on video platform firm

By Mary Lennighan, Total Telecom
Tuesday 12 August 14

Australian operator raises stake in Ooyala to 98% as part of bid to expand into adjacent markets.

Telstra on Tuesday announced the acquisition of Ooyala, a U.S.-based video platform company, for US$270 million. The Australian company has invested $61 million in the firm over the past two years, building up a stake of 23%…

Telstra on Tuesday announced the acquisition of Ooyala, a U.S.-based video platform company, for US$270 million. The Australian company has invested $61 million in the firm over the past two years, building up a stake of 23%…

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