With this acquisition, BCE aims to strengthen its production capabilities and expand its footprint within live and on-demand content streaming.rnrn
BCE has announced that it has fully acquired Freecaster, an online video service provider specialised in production and streaming of high-quality content. The transaction closed on 1 January 2019 with Raymond Dulieu continuing as CEO of Freecaster.
With this acquisition, BCE aims to strengthen its production capabilities and expand its footprint within live and on-demand content streaming.
Speaking about the acquisition, Frédéric Lemaire, Chief Executive Officer of BCE, said: At BCE we have already developed advanced online video solutions for the market. These will be complemented by the know-how and recent developments of Freecaster which allow us to strengthen our offers and accelerate the development of our non-linear portfolio. Since May 2018, BCE has successfully collaborated with Freecaster in live-streaming of events such as The Spot (the international sport innovations event) and the Montreux Volley Masters. I am looking forward to taking our collaboration to the next level and offering even more targeted and high-tech solutions to our clients.
Raymond Dulieu, Chief Executive Officer of Freecaster, added: Over the last 15 years, Freecaster has grown from being the leading global extreme sports video platform to becoming a live 4K video production and streaming service provider to fashion houses, music festivals and broadcasters. Integrating within BCE will reinforce the company from a managerial, financial and technical point of view. It will also allow Freecaster to further offer its customers the high-end support and level of customisation they have enjoyed to date whilst also adding new services as part of BCEs technical portfolio.
Freecasters services span the entire video value chain from production to world-wide streaming via a proprietary online video platform.