Facebook has reportedly acquired QuickFire Networks, a TC Disrupt 2014 Battlefield contestant that developed a custom hardware and software platform for decreasing video file sizes.
QuickFire's platform speeds up encoding videos with different profiles for frame rate, resolution, colour and audio settings for different platforms. Facebook's decision to integrate the technology on its platform will reduce the time required to buffer videos without compromising on the quality, reported Tech Crunch.
The technology relies on custom motherboards developed to accommodate 11 high-end Intel Core i7 processors. Custom software makes these processors work together and a layer on top of that lets the startup scale up massively by distributing work among multiple motherboards.
A letter written by CEO Craig Lee announced the deal on QuickFire's site and said that the prior business operations of the company will halt as the team switches over to Facebook.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
