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Deltatre Acquires UK-Based OTT software Firm Massive Interactive
Thursday 08 November 2018

8 November 2018 - Italy based sports media technology company Deltatre has agreed to acquire UK-based OTT software company Massive Interactive, the company said.
Terms of the transaction were not disclosed.
Combined, these entities are the largest independent OTT solution provider in the world. The move builds on Deltatre's record year, adding another best-in-class capability to its overall technology suite of services. It adds deeper operations in Asia and the South Pacific and expands the company into the entertainment industry.
Massive's next-generation user interface and audience engagement technology add a valuable new dimension to Deltatre as end-user-experience 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.
These pioneers in the Beyond TV movement will reach hundreds of millions of viewers via OTT network in sports, entertainment, communications, and aviation.
Deltatre, a Bruin Sports Capital portfolio company, powers a suite of leading-edge technologies for the full spectrum of media including OTT, CMS, and digital platform production, virtual broadcast studios featuring state-of-the-art VR and AR capabilities, broadcast graphics, content and data creation and real-time distribution.
Massive builds a suite of tools that enable all media companies to deliver targeted and personalised user experiences across devices to specific user groups, in real-time, helping accelerate growth and increase retention across the customer lifecycle.
Gibson Dunn served as legal advisor for Deltatre and HSBC was the financial advisor. Massive's legal advisor was DLA Piper; its financial advisor is Raymond James.
Details
Date Published: 08/11/2018
Target: Massive Interactive
Country: UK
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Deltatre
Buyer Advisor: Gibson Dunn , HSBC
Comment:
Terms of the deal were not disclosed

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