Five years ago this week… Australian telco Telstra sold off Ooyala to its rival Brightcove for $15 million—pennies compared to the $500 million Telstra paid to acquire the video platform vendor. Brightcove was buying Ooyala’s online video platform Backlot, as well as Analytics and Live Products and backbone IP technology in particular. Amusingly, the union of the two rivals definitively put to bed a 2017 fight between the vendors, where Ooyala accused Brightcove of stealing business strategies relevant to Latin America, including customer lists, sales pitches, pricing, market plans and corporate strategies. At the time, Faultline wrote “We can tell you for sure that the Ooyala strategy is not working in Latin America, so we’re not sure what is worth stealing.” …