By Mikey Campbell Thursday, September 03, 2015, 03:53 pm PT (06:53 pm ET) Please enable JavaScript to view comments Yesterday, Amazon announced the acquisition of Elemental Technologies, for a reported $500m. The deal is expected to close in Q3 and will see Amazon take over the core business of building software that powers Amazon’s cloud computing services. Amazon Web Services (AWS), using Elemental technology, will be able to offer media companies an integrated video processing solution that enables multiscreen content delivery through the cloud.
Yesterday, Amazon announced the acquisition of Elemental Technologies, for a reported $500m. The deal is expected to close in Q3 and will see Amazon take over the core business of building software that powers Amazon’s cloud computing services. Amazon Web Services (AWS), using Elemental technology, will be able to offer media companies an integrated video processing solution that enables multiscreen content delivery through the cloud.