Dalet acquires Ooyala Flex Media Platform business

Wider market offering and recurring revenue models

Source: Dalet Digital Media Systems

Dalet has signed a definitive agreement to acquire the Ooyala Flex Media Platform business. The asset deal also includes the Ooyala personnel across sales, marketing, engineering, professional services, and support.

The Ooyala Flex Media Platform is primarily sold as a subscription/SaaS offering. It will be a good solution for servicing OTT and digital media distribution workflows. The acquisition of these assets, personnel, and customers will expand the Dalet solutions offering to more verticals and tiers beyond its traditional customer base in News and Production workflows. It accelerates Dalet's strategic move to increase recurring revenue models, with a subscription/SaaS-based services offering.

Ooyala's customers include brands such as Audi, Fox Sports Australia, HBO Asia. Together, the teams dedicated to support, DevOps, and on- premise/cloud platform monitoring will better serve these premium customers.

www.dalet.com