Add-on Acquisition • Software

SeaChange Acquires FLASHLIGHT Engineering and Consulting

On June 19, 2012, SeaChange acquired software company FLASHLIGHT Engineering and Consulting

Acquisition Context
  • This is SeaChange’s 2nd transaction in the Software sector.
  • This is SeaChange’s 2nd transaction in the United States.
  • This is SeaChange’s 1st transaction in Oregon.

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M&A Deal Summary

Date June 19, 2012
Target FLASHLIGHT Engineering and Consulting
Sector Software
Buyer(s) SeaChange
Deal Type Add-on Acquisition

Target Company

FLASHLIGHT Engineering and Consulting

Portland, Oregon, United States
FLASHLIGHT Engineering and Consulting LLC is a provider in the designing and writing software for digital TVs and set-top boxes.
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Buyer Overview 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 Context for Buyer #
Overall 3 of 5
Sector: Software 2 of 3
Type: Add-on Acquisition 3 of 4
State: Oregon 1 of 1
Country: United States 2 of 3
Year: 2012 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Timeline Labs

Santa Monica, California, United States

Timeline Labs is a SaaS company that enables local broadcasters, local and national news organizations, cable news channels and other media companies and brands to analyze social media messages in real-time, find and broadcast newsworthy social trends and insights, and measure viewing audience engagement across television, mobile and PC.

Buy $22M