Visual Data Media Services acquires MX1 UK Limited
Visual Data Media Services, the leading provider of digital supply chain services to global content owners and distributors, has acquired MX1 UK Limited, a London-based entity that has a track record of providing excellent content preparation services to leading broadcasters and content owners.
Located in North Acton, MX1 UK Limited provides content preparation services as a part of SES, the world’s leading satellite operator and managed service provider. Its strong client base of major studios, TV and film distributors, broadcasters and streaming platforms complements Visual Data’s existing client base in Europe and North America. With this sale, SES continues to focus on its core business of hybrid content distribution, end-to-end content management and content monetisation services. SES remains firmly committed to the development of its core service business in the UK market and worldwide.
VDMS plans to make substantial investment in 4K, HDR and IMF mastering at the company’s 10,000sqft site in North Acton as part of its mission to pursue a best of the best approach with technology and systems.
All existing MX1 UK contracts with current customers will remain unaffected.
“We are active consolidators in the global media services and content preparation market. This transaction continues our current UK expansion program, and we were particularly attracted to the talented operational and management teams at MX1 UK Limited,” comments Symon Roue, Managing Director, Visual Data Media Services. “This acquisition continues our growth in the media services, localisation and content preparation market. It is an amazing time to be in the content preparation industry with the flight to quality content driven by the US & European streamers.”
The deal was finalised on 1st November. The amount of the deal has not been disclosed.