Facebook said it bought QuickFire Networks, a startup that helps view high-quality video with low bandwidth. The two companies did not disclose the terms of the deal.

QuickFire Networks makes gear for delivering video content and transcoding and processing software.

Facebook has been trying to build out its video platform since it boosts engagement as well as potential ad revenue. In the meantime, Facebook has also been courting video content producers.

QuickFire Networks' technology includes T-Video, an appliance that is designed to sit in a 1U rack and do nothing but process and transcode video. The system includes 11 Intel Core i7 processors and GPUs. With a full rack of T-Video you'd get 1,760 cores for video deployments.

Presumably, this hardware will be included in Facebook's data center and help deliver more than 1 billion video views a day.

QuickFire, based in San Diego, said it will wind down its business and "some key members" of its team will join Facebook.

Facebook's acquisition of the video technology company comes a day after it said it averaged more than 1 billion video views every day since June 2014.