Canada-based tech giant IBM is acquiring US-based Aspera, a bootstrapped file transfer firm that provides services for media companies, large enterprises, and SaaS providers. The terms of the said transaction were not disclosed, wrote to TechCrunch.
Aspera built its software on "fasp," the company's file transfer technology. Fasp is designed to use a firm's wide area network (WAN) and commodity hardware to transfer files over a secure network at a speed that is faster than FTP and HTTP. A WAN is basically a network that spans a large geographic area, the report explained.
Apple uses Aspera's technology to upload videos to the iTunes store. Before Aspera came into the picture, content providers had to wait 3.5 hours before a large video file finishes uploading. Aspera cuts that upload time to just five minutes, the report detailed.
IBM sees the need for a file transfer tool for data from social media, gadgets, and sensors attached to almost anything. In the near future, sensors will be attached on our home furnitures, vehicles, and even our own bodies. Everything will become a data object that wlll require more innovation in the way data is moved around, TechCrunch reported.
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