NeuLion acquires Saffron to ‘transform’ OTT

Technology product and service provider NeuLion has completed the acquisition of Saffron Digital. Neulion, which specialises in the broadcasting, distribution and monetisation
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Technology product and service provider NeuLion has completed the acquisition of Saffron Digital.

Neulion, which specialises in the broadcasting, distribution and monetisation of live and on-demand digital video content to internet-enabled devices, stated that the ‘combined synergies’ of both companies can transform OTT challenges faced by owners and rights holders of live and on-demand content and turn them into solutions.

The Saffron Digital platform supports advanced implementations of SVoD and ad-supported VoD.

“The OTT video market is accelerating rapidly in the US, Europe and other parts of the world, and represents a large and growing addressable market for the combined company,” said Roy Reichbach, president and CEO of NeuLion.

“The integrated company can offer owners and rights holders of sports and entertainment a complete end-to-end solution for both live and on-demand content that is a clear market leader.”

Jason Keane, CEO of Saffron Digital, added, “We are excited to join NeuLion. As part of NeuLion, we can now offer our customers a compelling OTT platform for all premium digital content with support for all types of business models.”

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