Strengthening Video Toolset for Live Sports and News Broadcasting

Amagi has announced a definitive agreement to acquire the business of Tellyo, a platform specializing in real-time live cloud remote production, clipping/editing, and social sharing. This deal aims to enhance Amagi’s capabilities in live sports and news broadcasts, improving live video streaming and editing experiences globally.

“We are excited about the opportunities this acquisition presents for Amagi,” said Baskar Subramanian, Amagi’s co-founder and CEO. He noted that Tellyo’s expertise, team, and products align perfectly with Amagi’s strategic vision in the cloud-based live broadcast technology space. This partnership is expected to enrich Amagi’s product offerings and bring investments to the Eastern European region, creating new prospects for local talent and global customers.

Tellyo’s Stream Studio enables media and content teams to produce compelling live video for various digital and social media destinations. The company facilitates the creation and simultaneous publication of branded video clips, highlights, and compilations, enhancing the reach and engagement of athletes, actors, sponsors, ambassadors, and influencers acAmagiross social platforms.

Richard Collins, CEO of Tellyo, emphasized that this move will further enhance their technologies, delivering outstanding value to their customers, employees, and investors. Joining Amagi is expected to provide the resources and scale necessary for new heights of innovation and service.

Srinivasan KA, co-founder and chief revenue officer of Amagi, assured a smooth transition for Tellyo’s clients, employees, and partners. The collective team is energized and ready to leverage their shared values, vision, and passion for excellence in this new chapter.

The agreement also positions Amagi to expand its footprint in Eastern Europe. With Amagi’s existing development center in Croatia and Tellyo’s center in Poland, this acquisition is set to drive additional innovation in Amagi’s cloud-based offerings.

News source: https://www.amagi.com/