Microsoft Corporation acquired Peer5, a transaction announced in August 2021.
Peer5 operates in Microsoft Teams. Peer5 offers a WebRTC-based enterprise content delivery network (eCDN) that runs in-browser and uses self-balancing mesh networks to optimize bandwidth for large-scale live video, without extra endpoint installs or network changes. Microsoft acquired it to provide a first-party eCDN for high-quality live streaming in Microsoft Teams.
Deliver secure, high-quality, large-scale live video streaming in Microsoft Teams as a first-party offering while continuing to support certified partner eCDN solutions.
Advisory firms were not disclosed for this transaction.