Facebook takes over the start-up that compresses videos. The intention of the social network is to allow its members to publish their videos directly on them, without having to link to the web addresses of other sites (especially YouTube). The acquired company is called QuickFire Networks and is headquartered in San Diego, California. The value of the transaction is not currently known.
The new operation goes in the direction of making the most used social network in the world increasingly autonomous. Already a year ago, in fact, the company had made sure that the videos uploaded to the users' news feed started automatically, making the use of videos on Facebook faster and faster, especially for mobile devices.
For his part, the managing director of QuickFire, Craig Lee, says he is satisfied with the operation: “We are now ready to take the next step towards growth. Facebook has over a billion visits every day, and we're happy to help deliver high-quality products to all the people who watch videos."
It is not the first similar move made by Mark Zuckemebrg's colossus, which recently bought another startup, Wit.ai, which allows voice recognition of users.
