deltatre: the company acquires 100% of the OTT software provider Massive interactive

deltatre, an Italian company specialised in digital solutions for broadcasters and sports event organisers, has announced the signing of a definitive agreement for the acquisition of 100% of Massive Interactive, a British company specialised in OTT software, on 08/11/2018.

The acquisition is valued between $92m and $127m (€81m and €112m) according to different financial reporting sites. "Combined, these entities are the largest independent OTT solution provider in the world," said the two companies.

"Massive’s next-generation user interface and audience engagement technology add a valuable new dimension to deltatre as end-user-experience (UX) has become a difference-making resource for digital media growth. Massive will operate as a division of deltatre which will have 18 offices worldwide, and nearly 1000 full-time staff, at close," added the two entities.

"This shift to OTT is accelerating throughout the world" (G. Rinaudo, deltatre)

• "This shift to OTT is accelerating throughout the world, and the ability…