SOURCE: Digiflare Inc.

November 28, 2016 03:00 ET

Industry Leaders Accedo And Digiflare Merge To Create A Transformational Video Experience Powerhouse

STOCKHOLM, SWEDEN and TORONTO, ON--(Marketwired - November 28, 2016) - Accedo (http://www.accedo.tv), the video experience pioneer and Digiflare (http://www.digiflare.com) today announced a merger to create the world's leading video experience company.

Accedo was founded in 2004 by Michael Lantz and Fredrik Andersson, and Toronto-based Digiflare was founded in 2008 by David George and Mano Kulasingam. Both companies have grown rapidly to become industry leaders known globally for delivering outstanding video experiences using innovative solutions and products. Collectively, they have helped build immersive video app experiences for hundreds of companies around the world.

"We are excited to join the Accedo team and merge our products, services and expertise," said Mano Kulasingam, co-CEO, Digiflare. "As video trends continue to evolve, our combined capabilities will create greater value for our customers, delivering dynamic, true-native video apps at the forefront of the TV viewing experience on a global, unprecedented scale."

"Accedo and Digiflare share the same vision for our industry and a similar entrepreneurial history," commented Michael Lantz, CEO, Accedo. "I'm truly impressed with the Digiflare team and culture which David and Mano have created over the years. The two companies have highly-complementary products, a strong market position, and an impressive portfolio of customers and partners, who will directly benefit from our combined video experience solution offering."

Michael Lantz will be CEO of the merged company, which will remain under the Accedo brand, while Fredrik Andersson, David George and Mano Kulasingam will all take on senior leadership positions within the merged organization.

"Accedo is a truly global company, with an amazing portfolio and track record," said David George co-CEO, Digiflare. "We are excited about the opportunity to bring our innovative solutions to the global market, along with the Accedo team, which we believe will be a fantastic opportunity for the entire Digiflare team."

About Accedo

Accedo (http://www.accedo.tv) is a trusted video experience transformation pioneer improving the lives of video consumers by the hundreds of millions.

Over the years, Accedo has earned the trust of over 350 of the world's leading video service providers - customers to whom two goals are paramount: explore new opportunities to monetise video and transform video services to meet rapidly changing consumer expectations. Accedo customers include: global video service leaders like Netflix, NBC Universal, Spotify, Fox, Disney, Telefonica and HBO, among many others.

The company was founded in 2004 on a simple observation: emerging technologies will transform how people watch television and consume video, but video service providers will struggle to keep up with the complexities of the new landscape.

This insight led Accedo's founders Michael Lantz and Fredrik Andersson to create a portfolio of experience-centric video solutions that: shorten time-to-market, improve operational agility and boost monetisation capabilities.

The company has grown 1000% in 5 years, with 2000 video experience deployments from 18 offices around the world.

For more info, please visit www.accedo.tv

Twitter: www.twitter.com/accedotv

Facebook: https://www.facebook.com/accedo.tv/

About Digiflare

Digiflare builds innovative video app experiences for today's multi-screen world. Founded in 2008, Digiflare is trusted by leading media and entertainment companies to build video apps that deliver the best experience for viewers across TV, mobile and tablet. We help engage viewers on the screens they use today and the platforms they'll love tomorrow, to grow audiences and increase monetization opportunities. Our passion is to transform ideas into reality by partnering with our clients to deliver Over-the-Top and TV Everywhere app experiences using products and services.

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