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Broadband

SeaChange buys Xstream for USD 5.5 mln

Monday 11 February 2019 | 13:48 CET | News
Video delivery platform specialist SeaChange International said it has bought Xstream for USD 5.5 million, including USD 4.6 million in cash and 541,738 in SeaChange shares. Xstream, an over-the-top (OTT) video and TV cloud platform provider based in Copenhagen, Denmark and Warsaw, services over 5 million subscribers worldwide and reports annual revenues of around USD 6 million.

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Categories: Broadcast & Satellite / Internet
Companies: SeaChange International
Countries: World
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