France-based online video site Dailymotion has acquired Jilion, the development team behind the SublimeVideo HTML5 video technology.
Dailymotion said the technology and talent acquisition would help it to connect users, content producers and advertisers and “take the lead in video experience across multiple platforms” – including desktop, mobile, tablets and TV.
Cedric Tournay, CEO of Dailymotion said: “The player is at the heart of our video distribution platform – it is key for us to offer the best experience on the market, and Jilion with its SublimeVideo engine is by far the best solution out there.
Zeno Crivelli and Mehdi Jacques Aminian, co-founders of Jilion, added: “Joining forces with Dailymotion is a tremendous opportunity for our team. We could not be more excited about sharing our technology with such a high-profile company and for the benefit of over 200 million unique users.”
Financial terms of the agreement were not disclosed.