Hibox, a provider of advanced TV solutions for telecom, media, hospitality and healthcare, has been acquired by video services provider Accedo. Together, the two companies power the video experience for hundreds of customers worldwide.
Michael Lantz, CEO, Accedo, commented: “We are thrilled to be joining forces with the highly talented Hibox team. Their world class products deliver great customer value and we can’t wait to present our joint solutions to the market.”
According to the company, Hibox’s Aura and Smartroom products will complement Accedo’s global offering of TV software solutions and together with Accedo’s wide range of video experience solutions offer flexibility and cost efficiency for customers.
Staffan Granholm, CEO and co-founder, Hibox, added: “Accedo’s global presence and award-winning products and solutions complement Hibox’s offering well. We believe that Hibox has one of the best technology platforms in the world for the customer segments we support, and together with Accedo, we’re ready to grow even faster.”
The transaction will be completed this month and joint solutions are immediately available.