When video streaming technology vendor Net Insight declared before the new year that it had divested its live synchronization product Sye to a
Net Insight meddelade den 17 december i fjol att bolaget tecknat ett avtal om att avyttra Sye-teknologin löser grundläggande problematik för
The result is a highly efficient, global content distribution service, benefitting from the reach of the UDN platform, utilizing the infrastructure inside service provider networks. Net Insight has closed the sale of its Sye consumer streaming business, to Amazon for approximately SEK350 million in cash. The transaction is effective from today. Net Insight revealed in December that it had signed an agreement to divest Sye, which was engineered to provide low-latency live streaming, helping solve one of the key challenges facing streaming streaming providers. Köp aktien Net Insight AB ser. B (NETI B). Hos Nordnet kan du handla från 0 kr i courtage. Klicka här för att följa aktiekursen i realtid Net Insights affärsområde Streaming Solutions, som innefattar Sye-verksamheten, drivs självständigt, vilket gör att effekterna på övrig verksamhet är begränsad.
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Sye represented a small fraction of Net Insight’s overall business and, as Dan Rayburn pointed out, a lot of that business was already being accounted for by Amazon, which was using Sye for its livestreaming operations. In light of this and the offer received, Net Insight has decided to divest the Sye business. "The fact that a Fortune 500 company wants to acquire Net Insight's internally developed consumer streaming solution is a proof point of our ability to develop world-class video transport solutions," says Gunilla Fransson, Chairman of the Board of Net Insight. Net Insight signed an agreement to divest its Sye consumer streaming business for approximately $37 million in cash to a Fortune 500 company. The transaction is expected to be completed in the Stockholm, Sweden - Net Insight, the leading provider in media transport and resource scheduling, introduces Sye 360° - the world's first true live and synchronized 360° OTT streaming solution. With ultra-low latency, broadcasters can synchronize a live OTT feed with the linear broadcast, making it possible to offer second screen companion content that integrates seamlessly with the first Net Insight first demonstrated Sye at IBC 2016 but publically revealed few customer names beyond Mediatech, which implemented the software for delivery of live sports in Hong Kong.
In light of this and the offer received, Net Insight has decided to divest the Sye business. “The fact that a Fortune 500 company wants to acquire Net Insight’s internally developed consumer streaming solution is a proof point of our ability to develop world-class video transport solutions,” says Gunilla Fransson, Chairman of the Board of
Net Insight’s Sye is a premium live streaming solution that delivers a better-than-broadcast quality of experience. With low end-to-end latency, perfect sync, instant channel changes and a pristine quality of experience – Sye guarantees the best possible live video streaming experience. Demo of Net Insight's Live OTT solution Sye, streaming in sync and with fixed delay harmonized with linear TV, for an enhanced viewer experience Net Insight encourages creativity and commitment, because that’s how innovation is created. Net Insight’s organizational structure is flat to increase individual influence and enable individual engagement, commitment and competence to make a real difference.
Disclaimer: I work for Net Insight, but not with Sye. This video compares Swedish terrestrial TV with the STCC Live Sye-based app on the iPad and SVT play on
Proceeds from the deal will be funneled back into the core media transport business, while Net Insight notes that the experience gained in launching and developing Sye, relating to virtualized software and cloud-based technology, will continue to benefit the company.
The result is a highly efficient, global content distribution service, benefitting from the reach of the UDN platform, utilizing the infrastructure inside service provider networks. Net Insight has closed the sale of its Sye consumer streaming business, to Amazon for approximately SEK350 million in cash. The transaction is effective from today. Net Insight revealed in December that it had signed an agreement to divest Sye, which was engineered to provide low-latency live streaming, helping solve one of the key challenges facing streaming streaming providers. Köp aktien Net Insight AB ser. B (NETI B). Hos Nordnet kan du handla från 0 kr i courtage. Klicka här för att följa aktiekursen i realtid
Net Insights affärsområde Streaming Solutions, som innefattar Sye-verksamheten, drivs självständigt, vilket gör att effekterna på övrig verksamhet är begränsad.
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Web presentation. Conference call The conference call is mainly targeted to analysts, institutional investors, and media.
As a result, the effects on the rest of Net Insight
19th December 2019 @ 09:33 Media vendor Net Insight has announced an agreement to divest its Sye consumer streaming business for SEK 350 million (€33.4 million) to an as-yet unnamed Fortune 500 company. The move effectively sees Net Insight exit the increasingly crowded consumer streaming sector at a lucrative moment. Net Insight will join the Microsoft Partner Network.
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TV-utrustningsbolaget Net Insight har idag slutfört avyttringen av sin konsumentstreamingverksamhet Sye till Amazon för 350 miljoner kronor. Det framgår av ett
http://ow.ly/BuCf30nxlWJ #Sye #OTT Sye had sales of SEK 9m and an operating loss of SEK -38m YTD (9 months) and Net Insight has invested around SEK 215m in Sye. Hence, the divestment in Idag blev det klart att Amazon köper upp streamingplattformen Sye från svenska Net Insight rapporterar Dagens Industri. Net Insight meddelade BE Group Aktie - Lauren Marinigh Sye net insight — Handla courtagefritt upp till kr första halvåret. Sye net insight Google stadia aktien kaufen. Bavanza börsforum net insight. Amazon köper — Kursen i Net Insight har i flera år rört sig aktören bör Amazon köper streamingtjänsten Sye. Sye livestreaming erbjuds genom CDNetworks CDNetworks, en ledande global CDN-leverantör (Content Delivery Networks) och Net Insight, ledande Mediatechs CDN implementerar Net Insights Sye för Hong Kong Jockey Club, RTVE väljer Net Insight för nytt nationellt IP-medianät Det Börsnoterade Net Insight har nu slutfört försäljningen av sin strömningstjänst Sye. Den tidigare hemliga köparen bekräftas nu vara techjätten Amazon. TV-utrustningsbolaget Net Insight har idag slutfört avyttringen av sin konsumentstreamingverksamhet Sye till Amazon för 350 miljoner kronor.