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Opera acquires Skyfire Labs for up to USD 155 million

2013-02-15 10:33:00| Telecompaper Headlines

(Telecompaper) Opera has acquired US mobile video optimisation and cloud solutions company Skyfire Labs for up to USD 155 million. Skyfire's Rocket Optimizer software allows operators to optimise nearly any video and other multimedia on crowded base stations supporting 3G, LTE and other technologies. According to the company the solution offers a 60 percent capacity boost, on average, by reducing the size of the content to fit the available bandwidth. The approach aligns with the trend toward SDN (software-defined networking) and NFV (network function virtualisation) among operators.The transaction is expected to close before 15 March.

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Category:Telecommunications

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