Social network operator Facebook Inc said it bought QuickFire Networks, a startup that helps view high-quality video with low bandwidth.
QuickFire announced the acquisition on its blog on Thursday.
Facebook and QuickFire did not disclose the terms of the deal.
Facebook's acquisition of the video technology company comes a day after it said in a blog it averaged more than 1 billion video views every day since June 2014.
Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.