Clearleap owns a video platform which can be scaled in a big way and is used by leading media and entertainment companies. It will be integrated into the IBM Cloud platform. The combined technologies will provide enterprises with a fast, easy way to manage, monetize and grow user video experiences, and deliver them securely over mobile devices and the Web, according to IBM.
Steven Canepa, general manager of IBM’s Global Media & Entertainment Industry division said in a a release that mixing Clearleap with IBM’s analytics and hybrid cloud capabilities will deliver new video solutions that will fundamentally change communications across every industry.
This is the sixth planned cloud-based company acquisition by Big Blue in as many months. In November, IBM revealed plans to purchase cloud-based software developer Gravitant whose platform CloudMatrix allows companies to adopt a multi-sourced cloud operating model by making it simpler to create, manage and order a multi-cloud IT environment from a single console. Also in November, the company bought Cleversafe, a developer of object-based storage software and applications.
In October, IBM bought The Weather Co.’s B2B, mobile and cloud-based Web properties. The purchase would bring together IBM’s cognitive and analytics platform and The Weather Co.’s cloud data platform, which handles 26 billion inquiries to its cloud-based services each day, according to a release.
IBM wants to buy Compose which provides database as a service offerings targeting the Web and mobile app developers.