Hybrid TV back-end provider Alpha Networks has acquired Hubee, a Paris-based software company specialising in smart video platforms and unique user experience solutions.
The acquisition expands Alpha Networks' tucano back-end capabilities, enabling the company to better serve its customers.
Alpha Networks said Hubee's front-ends, deployed by numerous operators, offer integration with Alpha Networks' tucano back-ends, unlocking new possibilities for media companies and network operators that want to quickly deliver next-generation content services.
This acquisition also brings additional video expertise to Alpha Networks, in particular, ad-insertion features and accurate EPG services.
"We are proud and excited to bring together two companies that share the same values and market vision," said Kris Warreyn, CEO at Alpha Networks. "This acquisition will allow us to deliver additional value to our customers and partners by providing them with competitive solutions and TV expertise for increased content monetisation."
Frédéric Pie, chairman and founder of Hubee, added: “This transaction allows Hubee to continue its development with the help of a market-leading back-end with telco-grade capabilities and a highly scalable and modular approach. I will join the advisory board at Alpha Networks and look forward to contributing to Alpha Networks' future success."