UK-based Internet protocol television (IPTV) leader Vision247 has acquired Fora, a Slovenian IPTV software solutions company, for US$2.6 million, looking to boost its offerings in the Middle East and Africa.
Vision247 hopes its new acquisition will further its global broadcast offerings in its new frontiers in the region.
Africa, which is currently going through the digital television broadcasting switchover process, is expected to invite more IPTV service companies to launch in the continent. One offer already available to the African market is DStv mobile, which allows users with a 3G-enabled phone to stream selected channels to their devices.
According to Matt Vidmar, chairman and CTO at Vision247, Fora has the highest expertise and synergy with his company’s own service offering in the broadcast market.
With Fora’s Perception platform and Vision247’s award-winning XtremeIPTV platform, he said it would be easy to cover every segment of the broadcast industry, from OTT to telco IPTV packages, then strengthen these offerings for customers with our additional expertise in content acquisition and 24/7 playout management.
“With Perception, we have an innovative multi-screen concept for convergence of content to TV, mobile and PC devices.
“The design has been proven for large telco networks and internet service providers, and we now look forward to working closely with our colleagues at Vision247 to further enhance the platform and deliver television to viewers around the globe, no matter the connected device they are watching on,” Gregor Fuis, Fora’s chief executive, said.
Vision247 is reportedly expanding the Perception offering to India, China, the Middle East and Africa.