Video software solutions provider Alpha Networks acquired Kinow, the France-based company specialised in turnkey OTT video platforms for content producers and distributors, media companies and sports federations.
Kinow has officially been part of the Alpha Networks Group since January 2022. The group plans to drive further growth by exploiting the synergies between the two companies.
Guillaume Devezeaux, CEO at Alpha Networks, said: “This strategic acquisition represents a key step towards our three-year growth plan. Kinow is a fast-growing company, with a demonstrated 100% growth rate over the last year. We believe that their product and mindset will help us accelerate our goal of consolidating a software-on-demand SaaS model and expand it on a global scale.”
Commenting on the transaction, Pierre Antoine, CEO and co-founder at Kinow, said: “We are proud to join Alpha Networks to achieve together our common goal to become the new European leader in the video streaming solution market in the next few years. I am confident that their technical capabilities alongside a strong track record will allow us to boost our product visibility and go-to-market. We’ll also be able to keep improving the quality of service thanks to Alpha Networks’ strong support and monitoring offering.”