Kaltura beefs OTT position with Tvinci acquisition
Michelle Clancy | 02-05-2014
Open-source video platform Kaltura has acquired Tvinci, giving Kaltura an expanded position in the booming over-the-top (OTT) market and strengthening its pay-TV operator position.
Kaltura has already begun integrating Tvinci's technology into its OTT MediaGo product. The integrated Kaltura-Tvinci platform for operators and telcos, media companies, content owners and distributors supports live, on-demand and catch-up services; subscription and transactional video-on-demand (VOD) and ad-based monetisation; social interaction; and a personalised experience.
The integration of Tvinci's technology into Kaltura's platform also enhances Kaltura's solutions for the enterprise and education markets, with advanced social and personalisation capabilities, and with tools for creating bundles and promotions.
Tvinci employs more than 60 people worldwide, including a research and development team at the company's headquarters in Israel that will be merging with Kaltura's own Israel-based technology team. Tvinci's founders, Ofer Shayo and Ido Wiesenberg, and key executives, Avidan Lamdan and Amir Eilat, will be joining Kaltura's top management team in a variety of global positions.
Tvinci customers include Eutelsat in Germany, MediaCorp in Singapore, Liberty Global in the Netherlands, Solar Entertainment in the Philippines and Yes in Israel. These customers join Kaltura's global media customer base, which includes Sesame Workshop, HBO, ABC, Warner Brothers, Paramount, DirecTV, Turner and Wikipedia.
"This is a very exciting time at Kaltura. Just three months after securing an additional $47 million in funding, we are delivering on our promise to rapidly accelerate our growth and innovation," said Ron Yekutiel, Kaltura co-founder, chairman and CEO. "The acquisition of Tvinci completes our transition from focusing largely on VOD assets and ad-based monetisation, to providing an equal emphasis on live/linear programming and an authenticated pay OTT TV experience. We are also very excited to broaden our offerings for the service provider markets, and to further boost our social, collaboration and personalisation tools."