Accedo acquires Hibox, accelerates offering in Pay TV and Hospitality
Accedo , the video experience pioneer, today announced the acquisition of Hibox, a provider of advanced TV Solutions for telecom, media, hospitality and healthcare.
Both companies have grown out of the Nordic tradition of advanced technology innovations scalable to a global market. Together, the two companies power the video experience for hundreds of customers worldwide.
Michael Lantz, CEO, Accedo, commented: "We are thrilled to be joining forces with the highly talented Hibox team. Their world class products deliver great customer value and we can't wait to present our joint solutions to the market."
Hibox's flagship Aura and Smartroom products will complement Accedo's global offering of innovative TV software solutions and together with Accedo's wide range of video experience solutions offer unparalleled flexibility and cost efficiency for customers.
Staffan Granholm, CEO and co-founder, Hibox, added: "Accedo's global presence and award winning products and solutions complement Hibox's offering well. We believe that Hibox has one of the best technology platforms in the world for the customer segments we support, and together with Accedo , we're ready to grow even faster."
The transaction will be completed in March and joint solutions are immediately available. Contact Accedo or Hibox for more information.
Accedo helps the world's leading video service providers deliver and grow engaging video experiences. Over the past 15+ years, we have developed a deep understanding of the video service ecosystem that helps us deliver scalable solutions for customers of all shapes and sizes. We provide a combination of the products and services needed to support our customers at every stage of the video business journey, from strategy and conception through to delivery and post-launch optimization. We help clients stay at the forefront of innovation by leveraging new technologies and business insights to gain and maintain a competitive edge.
Accedo was founded in 2004 and today has over 450 employees in 16 offices across the world.
Hibox Systems is a global provider of advanced interactive information and entertainment solutions for consumers and commercial applications. Hibox designs and delivers TV solutions for telecom operators, media companies, hotels, hospitals and cruise ships. Hibox has 36 employees and is headquartered in Turku, Finland with sales offices in Vienna, Austria and Prague, Czech Republic.