Red Bee Media acquires TV Genius

Red Bee Media, which provides multi-platform technology and creative services to broadcasters, has purchased TV Genius, an award-winning software company that specialises in cloud-based content across the internet, TV and connected devices.
Round-up of today's M&A deals


Red Bee Media, which provides multi-platform technology and creative services to broadcasters, has purchased TV Genius, an award-winning software company that specialises in cloud-based content across the internet, TV and connected devices.
Round-up of today’s M&A deals

Red Bee Media, which provides multi-platform technology and creative services to broadcasters has purchased TV Genius, an award-winning software company that specialises in cloud-based content across the internet, TV and connected devices.

The ‘strategic’ acquisition will use Red Bee Media’s metadata services to combine with TV Genius’ content discovery technology to create a service across live and on demand TV.

According to a statement the deal demonstrates Red Bee Media’s commitment to providing clients with market leading end-to-end services.

‘A critical requirement for monetising content across platforms and screens is to enable consumers to easily discover content in what is becoming an increasingly cluttered and fragmented marketplace’, says Bill Patrizio, chief executive officer of Red Bee Media. 

‘Accurate search and personally relevant recommendation is a key differentiator in addressing this challenge and this acquisition allows us to significantly enhance our current offering by investing in new technologies at the core of the future TV experience.’

Read more

Round-up of today’s M&A deals

  • Online gambling operator Bwin merges its French operation with joint venture Sajoo.fr

Value: undisclosed

Adviser: undisclosed

Read more

  • InMobi acquires Sprout

Value: undisclosed

Adviser: undisclosed

Read more

  • LivingSocial signs agreement to buy Korean deal provider TicketMonster

Value: undisclosed

Adviser: undisclosed

Read more

Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital. Connect with...

Related Topics