Add-on Acquisition • Internet Software and Services

Synamedia Acquires Quortex

On July 12, 2022, Synamedia acquired internet software and services company Quortex

Acquisition Context
  • This is Synamedia’s 2nd transaction in the Internet Software and Services sector.
  • This is Synamedia’s 2nd transaction in France.

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M&A Deal Summary

Date July 12, 2022
Target Quortex
Sector Internet Software and Services
Buyer(s) Synamedia
Deal Type Add-on Acquisition

Target Company

Quortex

Cesson-Sevigne, France
Quortex is provider of cloud video delivery platform optimized for just-in-time processing of live video streaming. Quortex was founded in 2018 and is based in Cesson-Sevigne, France.
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Buyer Overview 1

Buyer

Synamedia

Middlesex, United Kingdom

Category Company
Founded 2018
Sector Software
DESCRIPTION

Synamedia is a global provider of video software and solutions to the Pay TV industry. Synamedia helps operators secure their video content, deliver rich experiences to their end viewers across channels and devices, and offers next-generation piracy protection and advertising solutions. Synamedia was formed in 2018 and is based in Middlesex, United Kingdom.


Deal Context for Buyer #
Overall 3 of 3
Sector: Internet Software and Services 2 of 2
Type: Add-on Acquisition 3 of 3
Country: France 2 of 2
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-25 Utelly

Ilford, United Kingdom

Utelly is a content discovery platform provider with products targeted at the entertainment industry. Its offerings include metadata aggregation, search and recommendations, as well as content management and a content promotion engine. Utelly was founded in 2013 and is based in Ilford, England.

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