Verizon To Buy Volicon in Bid To Expand Broadcast, Online Video Services

Looking to broaden its provision of broadcast and online video services, Verizon Digital Media Services is buying Volicon, it said in a news release Wednesday. With Volicon, Verizon said it will be able to offer more routes for taking broadcast feeds and channels to over-the-top cloud-based delivery models. "With the shift to all things digital, mobile and video, we are committed to enabling all creators, publishers and broadcasters to bring their content to the internet with the highest quality and a trusted partner globally," said Verizon Digital Media Services President Bob Toohey. "Volicon's role as a trusted provider to more than 1,200 broadcast and video operators around the world, combined with deep expertise in video monitoring and analysis, will improve visibility, transparency, and quality of our clients content and ads over our global delivery footprint."