Amazon Web Services Buying Elemental Technologies
Amazon Web Services agreed to buy multiscreen content delivery software provider Elemental Technologies, AWS said in a news release Friday. Elemental has more than 700 media franchise customers using its over-the-top video software, including CNN Go, ESPN ScoreCenter and HBO Go, said AWS. The transaction is expected to close in Q4, AWS said, and allows Elemental to continue to operate under its existing brand.