Facebook Acquires QuickFire to Aid in Video Delivery

Posted by at 9:36 am on January 9, 2015

Facebook this week said it has acquired QuickFire, a San Diego-based video compression company.

QuickFire’s technology can convert video files quickly and allow them to be downloaded or played faster on mobile devices without losing quality. Facebook has placed a greater emphasis on video over the last year, and now auto-plays videos within users’ news feeds.

Terms of the acquisition were not revealed.

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