Video solutions provider Accedo has announced the acquisition of Easel TV, the UK-based provider of advanced streaming technology and digital media solutions.
Financial details of the acquisition have not been revealed. The Easel TV team will immediately join Accedo’s existing London office, said the company.
The deal will see Easel TV’s SaaS platform merged into Accedo One SaaS platform. Easel TV’s brand name will be gradually phased out, added Accedo.
Speaking about the acquisition, Michael Lantz, CEO, Accedo, said: “I’m thrilled to be joining forces with Easel TV. The team has done a fantastic job in establishing themselves on the market and they share Accedo’s core philosophy of customer centricity. We believe that we will be stronger together as we continue to innovate in this market.”
Joe Foster, CEO, Easel TV, added: “We’ve known the Accedo team for a long time. It was the right time to join forces having proven the technology on our latest generation of product. Accedo, with its strong brand, global scale and world-class technical expertise, is the ideal partner for us and we look forward to continuing to grow together with the Accedo team.”
