M&A Deal Summary

NeuLion Acquires Saffron Digital

On June 6, 2016, NeuLion acquired internet software and services company Saffron Digital from HTC

Acquisition Highlights
  • This is NeuLion’s 1st transaction in the Internet Software and Services sector.
  • This is NeuLion’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-06-06
Target Saffron Digital
Sector Internet Software and Services
Buyer(s) NeuLion
Sellers(s) HTC
Deal Type Divestiture

Target

Saffron Digital

London, United Kingdom
Saffron Digital Ltd. provides powers secure video delivery services offered to digital consumers on behalf of blue chip consumer device manufacturers, mobile operators and content providers.

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Buyer(S) 1

Buyer

NeuLion

Plainview, New York, United States

Category Company
Founded 2000
Sector Digital Media
Employees567
DESCRIPTION

NeuLion, Inc. offers solutions that power the highest quality digital experiences for live and on-demand content in up to 4K/HDR on any device. Through its end-to-end technology platform, NeuLion enables digital video management, distribution and monetization for content owners worldwide including the NFL, NBA, UFC, EFL, Euroleague, World Surf League, Univision, Sky Sports, Eleven Sports Network and others. NeuLion powers the entire video ecosystem for content owners and rights holders, consumer electronic companies, and third party video integrators through its MainConcept business. NeuLion’s robust consumer electronics licensing business enables consumer electronics manufacturers to provide a secure, high-quality video experience with premium screen resolution, up to Ultra HD/4K, across virtually all content formats, for a wide range of connected devices. NeuLion is headquartered in Plainview, NY.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 DivX

San Diego, California, United States

DivX, Inc. is a digital media company that enables consumers to enjoy a high-quality video experience across any kind of device. The DivX brand is recognized worldwide and supported by a community of millions of consumers.

Buy $63M

Seller(S) 1

SELLER

HTC

Taoyuan, Taiwan

Category Company
Founded 1997
Sector Technology Hardware
Revenue 3.1B TWD (2024)
DESCRIPTION

HTC Corp. is a manufacturer of smartphones and tablet computers. HTC was formed in 1997 and is based in Taoyuan, Taiwan.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-27 Beats Electronics

Santa Monica, California, United States

Beats Electronics LLC as the brainchild of legendary artist and producer Dr. Dre and Chairman of Interscope Geffen A&M Records Jimmy Iovine, Beats Electronics is the parent company of the Beats™ by Dr. Dre™ line of high-quality headphones and speakers, as well as Beats Audio™ HD-sound systems.

Sell -