Enterprise

IBM is reportedly in talks to buy uStream, a competitor to Amazon's Twitch, for $130 million

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IBM Chairwoman and CEO Virginia "Ginni" Rometty.
IBM CEO Ginny Rometty  REUTERS/Brendan McDermid

IBM is in talks to buy live streaming video site uStream for around $130 million in cash, reports Fortune

UStream, founded in 2007, is best known as a competitor with Amazon's Twitch — it lets users broadcast themselves, their computer desktops, or video games live to a participatory audience.

Prominent figures like President Barack Obama, Rand Paul, and NASA have all made use of uStream at one point or another.

With this acquisition, the company's IBM Cloud would likely integrate uStream's video technology, letting developers build apps — especially enterprise apps — that let users easily share their desktops or other streaming content. IBM and uStream have had a technological partnership in place since 2014, doing much the same thing.

IBM declined to comment. 

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Matt is a former Deputy Editor, Tech based in San Francisco. Matt came to Business Insider in 2015 from IDG Enterprise, where he reported on application development and new enterprise technologies for CITEworld, Computerworld, and Networkworld.