Vimeo just made a big play for hosted content by acquiring over-the-top (OTT) platform VHX. Terms of the deal were not disclosed. If you’re not familiar with VHX, there’s probably a good reason. Rather than concentrate on the crowded market of consumer-facing platforms (where Vimeo and youTube currently reside), VHX simply offers the backbone to help individuals and small companies design and build their own branded platforms. Recently, VHX launched an API that allows any developer to build an attractive, robust video streaming service with relative ease. Around the same time, Vimeo refreshed its iOS app, and allowed content to…

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