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 Essential Technologies , 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 ( Amazon ) , using Elemental technology , will be able to offer media companies an integrated video processing solution that enables their content delivery through the cloud .