To create professional videos having a flagship video cam or smartphone is not enough, and even having expensive video editing software that runs on expensive PC or laptops could be insufficient solution for newbies. Therefore, Vimeo came out with a high tech solution that can edit and store videos online. Its paid service may even store censored videos that would not be removed on request made by dictator regimes.
There are many video and site hosting platforms that allow many functions in editing without having expensive apps. Adobe is actually having strong competition in the video editing field. Its apps mostly run on flagship PCs and laptops.
So, Brightcove (NASDAQ: BCOV) has a clearly seen opportunity to win the competition against Vimeo or even Dailymotion. Acquiring RigNet (NASDAQ: RNET) may expand its storing capacity and IoT features to operate in efficient ways. Storing and editing videos on the cloud is not enough for Brightcove in the constantly improving communication industry. It needs to add some more features to develop networking solutions that could be gotten from Texas-based Rignet.