Country for PR: United States
Contributor: PR Newswire New York
Friday, September 27 2019 - 11:00
AsiaNet
CenturyLink Acquires Video Delivery Innovator Streamroot
MONROE, Louisiana, Sept. 27, 2019 /PRNewswire-AsiaNet/--

  -- Purchase strengthens CenturyLink's ability to deliver OTT video content 
     for customers

Global technology leader CenturyLink ( 
https://c212.net/c/link/?t=0&l=en&o=2585102-1&h=386827478&u=http%3A%2F%2Fnews.centurylink.com%2F&a=CenturyLink 
) (NYSE: CTL) has acquired privately held Streamroot Inc., a leading provider 
of disruptive technology, to improve video and static content delivery within 
bandwidth constrained areas. The acquisition represents another step in 
CenturyLink's commitment to innovation as a leader in content delivery network 
(CDN) and Edge Compute services.

Photo - https://mma.prnewswire.com/media/997690/CenturyLink_Inc_Streamroot.jpg 
Logo - https://mma.prnewswire.com/media/628320/CENTURYLINK_Logo.jpg

"Streamroot brings a data driven approach to improving the user experience, 
particularly during peak internet traffic hours. Streamroot's customers have 
chosen peer assisted and multi-CDN approaches to gain an advantage over their 
competition when serving popular, high quality content to large audiences 
globally," said Bill Wohnoutka, vice president, global internet and content 
delivery services, CenturyLink. "This technology and the team that invented it 
are crucial to helping us enable high-quality viewing experiences, especially 
within hard to serve markets."

Streamroot's disruptive content delivery models enable connected consumer 
devices such as smart phones, tablets, computers, set-top consoles and smart 
TVs to participate in the serving of premium content through a secure and 
private mesh delivery. By incorporating consumer devices into this edge-based 
delivery architecture, CenturyLink believes its customers will be able to 
achieve performance otherwise not feasible with conventional CDN delivery 
methods. This hybrid delivery approach for over-the-top (OTT) video streaming 
is anticipated to allow content consumers to enjoy a higher quality user 
experience.

"Streamroot and CenturyLink share a vision to improve the user experience with 
rich media content by utilizing edge computing and data science," said 
Pierre-Louis Theron, CEO of Streamroot. "We believe joining forces with 
CenturyLink will accelerate our ability to innovate for the benefit of our 
customers, internet users and network operators across the globe."

Transaction Details
CenturyLink acquired Streamroot on Sept. 6, 2019. Terms of the transaction were 
not disclosed.
 
About CenturyLink
CenturyLink (NYSE: CTL) is a technology leader delivering hybrid networking, 
cloud connectivity, and security solutions to customers around the world. 
Through its extensive global fiber network, CenturyLink provides secure and 
reliable services to meet the growing digital demands of businesses and 
consumers. CenturyLink strives to be the trusted connection to the networked 
world and is focused on delivering technology that enhances the customer 
experience. Learn more at http://news.centurylink.com/ ( 
https://c212.net/c/link/?t=0&l=en&o=2585102-1&h=973370593&u=http%3A%2F%2Fnews.centurylink.com%2F&a=http%3A%2F%2Fnews.centurylink.com%2F 
).

Forward Looking Statement:
Except for historical and factual information, the matters set forth in this 
release and other of our oral or written statements identified by words such as 
"continues," "estimates," "expects," "anticipates," "believes," "plans," 
"intends," and similar expressions are forward-looking statements. These 
forward-looking statements are not guarantees of future results and are based 
on current expectations only, are inherently speculative, and are subject to a 
number of assumptions, risks and uncertainties, many of which are beyond our 
control. Actual events and results may differ materially from those 
anticipated, estimated, projected or implied by us in those statements. You are 
cautioned not to unduly rely upon our forward-looking statements, which speak 
only as of the date made. We may change our intentions, strategies or plans 
(including our plans expressed herein) without notice at any time and for any 
reason. 

Source:  CenturyLink, Inc.

Media Contact: 
Courtney Morton
courtney.morton@centurylink.com
+1-801-238-0228 OR 

Investor Contact: 
Mark Stoutenberg 
Mark.Stoutenberg@CenturyLink.com
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