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Vonage Buys Programmable Video Provider TokBox From Telefonica

Vonage bought from Telefonica in a $35 million deal TokBox, for integrating live video into websites, mobile apps and IoT devices. It "brings a workforce of skilled technologists," said Vonage CEO Alan Masarek Wednesday. His company cited IDC forecasts the…

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U.S. programmable video market will more than double by 2022 to about $7 billion.