Arqiva Acquires Capablue, Expands Connected Television Services
U.K. communications infrastructure and media services company Arqiva sees the future, and it involves a lot of streaming video. That's why it announced today that it has purchased connected TV and video-on-demand specialist Capablue for an undisclosed amount.
Capablue will become a part of Arqiva's Digital Platforms division, growing the company's resources in IP delivery and connected TV. This isn't the first time Arqiva has strengthened its IP assets through acquisition: the company bought OTT provider Connect TV in September, 2012.
With this deal in place, Arquiva says it will be well positioned to deliver services across channels, technologies, and platforms.
For Arqiva, expanding into IP is an essential. Broadband connections are rapidly growing, as is consumer use of connected TVs and other internet-enabled devices, notes Charles Constable, Arqiva's managing director for digital platforms. In this new reality, Arqiva needed to broaden its offerings, he adds.
This isn't the first time Arqiva and Capablue have worked together. The two have enjoyed a strong relationship for years, and have partnering on the creation of pay capabilities for Arqiva's Connect TV platform, as well as other solutions.
As a part of Arqiva's Digital Platforms division, Capablue will evolve to become a leader in multi-screen distribution and video-on-demand, says Tom Cape, Capablue's CEO.
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