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. 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 technology, will be able to offer media companies an integrated video processing solution that enables multiscreen content delivery through the cloud.