Facebook buys video startup QuickFire

January 8, 2015 creative after-it-said, averaged-more, billion-video, exchange-rates, lehar-maan, percent-rise, picture, richwine, said-it-bought

(Reuters) – 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.

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Facebook buys video startup QuickFire