Microsoft Teams is one of the most popular video conferencing tools in the world. While beginning as a workplace chat and collaboration tool, Microsoft has shown increasing interest in video meetings to compete with Zoom. To help the future growth of Teams, Microsoft is acquiring Peer5, a company that already provides optimization services for the platform.
In a blog post, Microsoft reveals it is snapping up Peer5 for an undisclosed amount to fold into the Microsoft Teams ecosystem.
If you are unfamiliar with Peer5, it is a firm that has an Enterprise Content Delivery Network (eCDN) product on the WebRTC open source communication engine. The solution runs on a web browser to increase bandwidth, a useful tool when making video calls in a multi-participant meeting.
One of the main benefits of Peer5's technology is it can fold directly into networks without needing any installation or changes to the network.
Microsoft points out customers using Microsoft Teams has sent many requests for an in-built eCDN service. Instead of developing one, it seems the company just went shopping for a solution.
“As Microsoft Teams has become the primary communications and collaboration platform for many of our customers, they've asked us for more integrated eCDN solutions for large-scale meetings and virtual events. Today, we're excited to announce that we have acquired Peer5 to expand our ability for delivering secure, high-quality, large-scale live video streaming with optimized network performance in Teams.”
While Peer5 will become part of Microsoft Teams, current agreements with customers will be maintained. Microsoft will also continue to support other eCDN solutions from partner providers.
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