(Digital Marketing Agency, thesnsgroup.com)- World's
largest Internet social network Facebook Inc. has officially announced that it
has come to an agreement over the acquisition of QuickFire Networks, a startup
that helps view high-quality video with low bandwidth.
QuickFire also confirmed the deal on its blog this
week, yet both giant companies did not disclose the terms of the agreement.
“Facebook's acquisition of the video technology
company comes a day after it said in a blog it averaged more than 1 billion
video views every day since June 2014,” Reuter reported.
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