Vimeo Acquires Livestream, Launches Live Video Product

By Christine Zosche 

Vimeo is making a move into livestreaming. The ad-free video platform has acquired technology provider Livestream. Terms of the deal were not disclosed, but Vimeo says it is the largest acquisition in its history. (THR)

In addition, Vimeo on Tuesday launched Vimeo Live, offering native livestreaming features for the first time in the platform’s 13-year history. (Variety)

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