M&A Deal Summary

SeaChange Acquires eventIS Group B.V.

On September 1, 2009, SeaChange acquired information technology company eventIS Group B.V. for 37M USD

Acquisition Highlights
  • This is SeaChange’s 1st transaction in the Information Technology sector.
  • This is SeaChange’s largest (disclosed) transaction.
  • This is SeaChange’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2009-09-01
Target eventIS Group B.V.
Sector Information Technology
Buyer(s) SeaChange
Deal Type Add-on Acquisition
Deal Value 37M USD

Target

eventIS Group B.V.

Eindhoven, Netherlands
eventIS provides VOD and linear broadcast software and related services to cable television and telecommunication companies primarily in Europe.

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Buyer(S) 1

Buyer

SeaChange

Boston, Massachusetts, United States

Category Company
Founded 1993
Sector Internet Software and Services
Revenue 27M USD (2022)
DESCRIPTION

SeaChange provides video streaming, linear TV, and video advertising technology for operators, content owners, and broadcasters globally. The company technology enables operators, broadcasters, and content owners to cost-effectively launch and grow premium linear TV and direct-to-consumer streaming services to manage, curate, and monetize their content. It helps protect existing and develop new and incremental advertising revenues for traditional linear TV and streaming services with its advertising technology. SeaChange was founded in 1993 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (Netherlands) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-07 VividLogic

Fremont, California, United States

VividLogic provides software and services to cable television service providers, set-top box manufacturers and consumer electronics (CE) suppliers.

Buy $12M