Ooyala completes management buyout from Telstra

News Broadband Global 16 OCT 2018
Ooyala completes management buyout from Telstra
Ooyala and Telstra have completed the management buyout of Ooyala. This transaction is expected to provide the foundation for the next phase of growth for Ooyala. Telstra will remain a go-to-market partner and customer. Ooyala customers include Audi, Chelsea FC, Dell, National Rugby League of Australia, PGA, Starhub, Sky Sports, Turner and Telstra. 

Ooyala expects continued revenue growth fueled by the market adoption of Ooyala Flex Media Platform and its capabilities focused on cross-device playback and monetization, TV-grade live streaming, MAM-based content management, and insights driven content creation. 

On the back of a workflow engine, shared metadata infrastructure, and its partner ecosystem, the Ooyala Flex Media Platform is designed to enable partners and customers to connect and orchestrate the entire content supply chain.

Categories:

Internet,  Mobile

Companies:

Telstra,  Sky,  Ooyala

Regions:

Global

Countries:

Australia

Tags:

Advertising services, M&A buyouts & divestments

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