Upon heels of $47 million funding round, video platform Kaltura purchases Tviniv to create the world's most comprehensive end-to-end Pay OTT TV offering.
Upon heels of $47 million funding round, video platform Kaltura purchases Tviniv to create the world's most comprehensive end-to-end Pay OTT TV offering.
Kaltura, the leading open source video platform, announced that it has acquired Tvinci, the leading global provider of Pay OTT TV services. The acquisition gives Kaltura a leadership position in the booming OTT market, and cements its role as the only pure-play video technology company to power any video experience across all markets (including Media & Entertainment, Enterprise, Education) and all channels (e.g. Multimedia Service Providers such as MVPDs, Telcos, MSPs, and Cloud Vendors).
Tvinci employs more than 60 people worldwide, including a strong research and development team at the company’s headquarters in Israel that will be merging with Kaltura’s Israel-based technology team. Tvinci’s founders, Ofer Shayo and Ido Wiesenberg, and key executives, Avidan Lamdan and Amir Eilat, will be joining Kaltura’s top management team in a variety of global positions.
Tvinci brings an impressive customer base of TV providers from Latin America, EMEA and Asia-Pacific, which further accelerates Kaltura’s rapid growth in these regions. Tvinci customers include: Eutelsat in Germany, MediaCorp in Singapore, Liberty Global in the Netherlands, Solar Entertainment in the Philippines and Yes in Israel. These customers join Kaltura’s global media customer base, which includes: Sesame Workshop, HBO, ABC, Warner Brothers, Paramount, DirecTV, Turner, and Wikipedia.
CONTACT Lisa Bennett lisa.bennett@kaltura.com 646-290-5445 |
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