SeaChange acquires Xstream

Video delivery platform specialist SeaChange International has acquired Xstream, an OTT video and TV cloud platform provider based in Denmark and Poland.

Ed Terino, Chief Executive Officer, stated: “Xstream provides us a managed service, over-the-top video solution that already serves more than 5 million active subscribers globally and generates approximately $6 million in annual SaaS revenues. Xstream’s MediaMaker video platform will enhance the SeaChange end-to-end video framework and enable us to gain near-term revenue synergies.”

Source: SeaChange acquires Xstream