August in Latin America: All the tech news you shouldn’t miss from the past month

recession recovery .stockmonkeys.com

While Brazil’s falling into recession isn’t good news for Latin America, it remains to be seen how much this will affect the region’s tech scene, which can still count on other long-term factors to fuel its growth. As a result, August was as busy a month as ever, with a flurry of new launches and acquisitions taking place. Here’s the news you don’t want to miss: Done deals Australian telecommunications giant Telstra is set to acquire 98 percent of video streaming and distribution firm Ooyala with a $270 million investment that comes in addition to the $61 million invested in the…

This story continues at The Next Web

The post August in Latin America: All the tech news you shouldn’t miss from the past month appeared first on The Next Web.

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