Skip to content
Subscriber Only

Facebook Buying Video-Streaming Technology Startup QuickFire

Updated on

Facebook Inc. is buying QuickFire Networks Corp., whose technology delivers video streams over the Internet, as the social network makes video delivery a top priority.

QuickFire announced the deal on its website today without disclosing terms. The San Diego-based startup will help Facebook show clips quickly without sacrificing as much of the quality, which will benefit Facebook as it boosts video delivery and expands the feature to emerging markets, where connections are slow.