SeaChange acquires OTT platform provider Xstream for US$5.5m
SeaChange has acquired over-the-top video and cloud TV platform, Xstream, as it looks to expand into new market segments. SeaChange paid US$5.5 million in cash and shares to secure the Copenhagen and Denmark-based business. This comprised a cash payment of US$4.6 million and 541,738 shares of SeaChange common stock. “Xstream provides us a managed service, […]