Media services provider Vision247 has acquired Slovenian IPTV software specialist Fora in a deal valued at over €2 million.
The acquisition will enable Vision247 to provide services for large telecom providers, expanding its role as an over-the-top TV service provider. Fora’s Perception platform supports telco IPTV including video-on-demand, network-based DVR and time-shifting, HLS streaming, and set-top box and mobile client applications for operating systems including iOS and Android.
As part of the deal, Vision247 will invest in an expansion of Fora’s R&D and T-2 support facility in Slovenia, as well as integrating front end development of the Perception and XtremeIPTV platforms, enabling integration of Perception’s cloud-based DVR and catch-up capability for legacy connected devices.
Vision247 will expand content management capabilities within Perception through the integration of its SuperVision and LiveTranscoder products, and extend support for Samsung Smart TVs, Roku streaming players and Google TV devices.
Matt Vidmar, chairman and chief technology officer, Vision247 said: “Fora has the highest expertise and synergy with our own service offering in the broadcast market. Together the Fora Perception platform and Vision247’s award winning XtremeIPTV platform enables us 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.”