By Mikey Campbell Thursday, September 03, 2015, 03:53 pm PT (06:53 pm ET) Please enable JavaScript to view comments
Thursday, September 03, 2015 , Elemental Technologies announced the acquisition of Amazon Web Services , for a reported $ 500 m. Elemental Technologies provides video processing services for encoding and transcoding traditional media content for consumption smartphones, tablets and PCs. Amazon Web Services (AWS), using Elemental Technologies technology, will be able to offer media companies an integrated video processing solution that enables multiscreen content delivery through the cloud.