Israeli Start-Up Qlipso Acquires Veoh to Add Users, Revenue
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Israeli start-up Qlipso acquired for an undisclosed sum the assets of video-delivery Web site Veoh Networks, giving the two-year-old content platform access to millions of users and an advertising revenue stream.
Qlipso’s platform allows users to invite friends to watch together sports, movies, video clips and television shows, while chatting and controlling a personal avatar. Veoh posts content from Time Warner Inc., Funimation Productions Ltd. and CBS Corp, among others.