Facebook Acquires Video Compression Startup QuickFire

Advertisement
By Reuters | Updated: 9 January 2015 09:13 IST
Social network operator Facebook Inc said it bought QuickFire Networks, a startup that helps view high-quality video with low bandwidth.

QuickFire announced the acquisition on its blog on Thursday.

Facebook and QuickFire did not disclose the terms of the deal.

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.

Advertisement

© Thomson Reuters 2015

Developing

 
Post your comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Facebook, QuickFire, Social
MediaTek Unveils New SoCs for Android Wear, Android TV, and More at CES
Google Loses US Search Share, Yahoo on Rise
Advertisement

Related Stories

Meta Projected $16 Billion Earnings from Fraudulent Ads on Facebook, Instagram in 2024: Report
7 November 2025
WhatsApp Now Lets Beta Testers Add a Link to Their Facebook Profile
10 October 2025
Instagram, Facebook Add Support for Meta AI-Powered Reels Translation in Hindi and Other Languages
10 October 2025
Instagram, Facebook Will Soon Start Showing You Ads, Content Based on Your Meta AI Interactions
3 October 2025
Facebook Dating Brings an AI Assistant to Help Users Find Prompt-Based Matches
23 September 2025
Popular on Gadgets
Latest Gadgets
Popular Mobile Brands
#Trending Stories
  1. Oppo Announces Launch Date for Find X9 Series in India
  2. Lava Agni 4 Battery Details Leaked Ahead of Launch in India on November 20
  3. Oppo Could Launch the Reno 15 Series During Its Double Eleven Event
  4. Top OTT Releases This Week: Baramulla, Maharani Season 4, Bad Girl, and More
#Latest Stories
  1. Astronomers Spot Signs of Baby Planets in a Star’s Mysterious Disk
  2. NASA's James Webb Space Telescope Telescope Challenges Old Theories on Mini-Neptune Worlds
  3. Ziddi Ishq OTT Release: Know When, Where to Watch the Aaditi Pohankar, Parambrata Chattopadhyay Starrer
  4. Bad Guys: Breaking In Now Streaming on Netflix: This Is What You Need to Know
  5. Kiss Now Streaming on Zee5: Everything You Need to Know About the Tamil Romance Fantasy
  6. Network Is Now Streaming Online: Know Where to Watch the Telugu Action Web Series Online
  7. OpenAI Faces Multiple Lawsuits Over Allegations of ChatGPT's Role in Suicides and Mental Breakdown: Report
  8. Samsung Galaxy Z TriFold to Be Produced in Limited Quantities; Samsung Plans to Review Market Reception: Report
  9. Google Reportedly Starts Rolling Out Gemini Assistant in Android Auto
  10. iPhone 18 Pro, iPhone 18 Pro Max Tipped to Sport 'Transparent' Rear Panel, Hole Punch Display Cutout
Gadgets 360 is available in
Follow Us
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.