Facebook buys QuickFire Networks to boost video efforts

Facebook is kicking off 2015 with a series of acquisitions.

The social network announced Thursday that it has acquired QuickFire Networks, a video infrastructure startup, as part of its continued effort to expand and improve the video experience on site

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“Video is an essential part of the Facebook experience," a Facebook spokesperson said in an emailed statement. "We are excited to bring QuickFire Networks on board as we continue delivering a high quality video experience to the over 1.3 billion people who use Facebook.” Read more...

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