Dalet acquires Ooyala Flex Media Platform
Dalet keeps growing with the aim of providing the most complete solution in news and production workflows. The company has announced that it has signed an agreement to acquire the Ooyala Flex Media Platform, including Ooyala personnel across sales, marketing, engineering, professional services and support.
According to the company, Ooyala “is a perfect solution for servicing OTT and digital media production workflows” and the acquisition will allow Dalet to “accelerate its strategic move to increase recurring revenue models, with a subscription/SaaS-based services offering”.
“By acquiring Ooyala, Dalet significantly widens the markets it can address in terms of verticals and their respective tiers of complexity. A perfect complement to our existing Dalet Galaxy five offering in our traditional markets, the Ooyala Flex Media Platform also opens opportunities for new customers such as corporate brands, telcos, leagues and sports teams, who are looking to simply manage their media assets. The modern metadata management and orchestration capabilities of the Ooyala Flex Media Platform bring what these organizations need to lower TCO, improve agility and reduce time to market,” states David Lasry, chief executive officer, Dalet. “Furthermore, Dalet’s proven products and services will enable Ooyala customers to augment and expand their Ooyala Flex Media Platform. We have a technology path forward supported by expanded, world-class professional services and customer success teams that can provide the know-how and expert guidance on scaling media operations to optimize the value of their Ooyala investment.”
“I am incredibly proud of what Ooyala has accomplished. Our talented research and engineering team has built a renowned technology platform that powers core media workflows for some of the world’s most iconic brands,” adds Jonathan Huberman, chief executive officer of Ooyala. “Dalet’s strong market position and deep expertise in designing and deploying media workflows is an outstanding fit for Ooyala customers and technical teams. I am confident under their guidance, they will continue to innovate and grow.”
Ooyala’s clients includes leading companies such as Audi, Fox Sports Australia, HBO Asia, Media Prima, National Rugby League, Turner Asia, TV2, Zomin.TV, The Picture Production Company, Sky Sports, and Smoke and Mirrors.