Telstra acquires video analytics company Ooyala

Australian service provider Telstra is to acquire video streaming and analytics specialist Ooyala for US$270 million (€201 million), writes Digital TV Europe. Telstra, which already owns a 23% stake in Ooyala, has invested US$61 million in the company over the last two years. The acquisition, via Telstra’s Global Applications and Partners unit, is expected to close within the next 60 days.