Facebook has the start-up QuickFire Networks acquired. The company has to own say a compression algorithm developed in which the video without visible loss of quality highly compressed.
How much Facebook for the acquisition of the start-up has paid in, is not published. The acquisition is confirmed by QuickFire Networks. It also gives the company a portion of its employees immediately for Facebook will work, and that the current activities of the start-up phased out will be.
QuickFire Networks has a compression algorithm is developed that makes it possible to video extensively to compress it so that it also on slower internet connections good to play. It is a proprietary compression method that is especially suitable for streaming video.
Facebook would be the technology of QuickFire want to use it for videos on its social network service are to be placed accessible. According to Facebook, there are daily more than a billion video clips are viewed on its platform. Also, the number of shared videos has increased.