Facebook acquires Vidpresso’s technology and team for live streaming tools

Sharmaine Centeno
Sharmaine Centeno August 14, 2018
Updated 2022/04/14 at 10:59 AM

Yesterday, Vidpresso confirmed that they joined Facebook for the improvements of the app’s live streaming feature.

Vidpresso is a startup that helps creators, publisher, and broadcaster to make great live experiences and create a high quality broadcast on social media. Vidpresso supported many companies including KSL, KTXL, Univision, BuzzFeed, Turner Sports, Nasdaq, TED, and NBC. The startup will build tools for Facebook Live that will enhance its quality, graphics and interactive elements.

According to Vidpresso, the tools they offered will manage by creator so that they can focus on the content without spending so much time and money at the same time. The tools are for a broader audience than just their A-list publishing partners. The tools that will be used in the app are not yet confirmed.

Facebook hired seven-person team of Vidpresso. TechCrunch added that the company has not yet disclosed the deals of term of Vidpresso.

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