Video transport solutions provider LTN Global has entered an agreement to acquire live video acquisition & management platform Make.TV.
Financial details for the acquisition have not been disclosed at the time of writing. The release highlights how both companies will collaborate to provide customers with the ability to add transformation workflows.
Malik Khan, Co-founder and Executive Chairman of LTN Global commented in a release: “The integration of Make.TV’s cloud-based services into our managed IP production and transmission workflows gives customers even greater control and agility in executing live video creation, distribution, and monetization. With a highly scalable, cloud-based live video platform, our customers can quickly and easily gain visibility into an unlimited number of real-time sources and turn this content into a revenue-generating asset, backed by the assurance of a fully managed service.”
Microsoft’s live streaming service Mixer enlisted Make.TV to help with broadcasts of Mixer Matchups competitions earlier this year. ESL has been working with Make.TV to distribute content since 2015. In April, the two companies expanded their deal to include ESL One Mumbai.
Andreas Jacobi, CEO and Co-founder of Make.TV added: “Being part of LTN Global will significantly enhance the services we can provide to customers, who now can acquire, deliver, and curate content via the most advanced transport solution available. In uniting these technologies, we can bring customers the benefit of considerable efficiencies and value-added workflows, allowing them to rapidly create and deliver more content to more viewers.”
Esports Insider says: With Make.TV’s recent deals and its client history, this seems to be a decent acquisition for LTN Global should all go to plan. With live streaming only growing in popularity, there’s a whole host of opportunities available for companies that innovate.