Demo of Net Insight's Live OTT solution Sye, streaming in sync and with fixed delay harmonized with linear TV, for an enhanced viewer experience

24, feb, NET INSIGHT: SÄLJER SCHEDUALL, POSITIV RESEFFEKT 35-45 3, jan, NET INSIGHT: SYE-FÖRSÄLJNING GER REAVINST 200 MLN KR 1 KV.

In light of this and the offer received, Net Insight has decided to divest the Sye business. “The fact that a Fortune 500 company wants to acquire Net Insight’s internally developed consumer streaming solution is a proof point of our ability to develop world-class video transport solutions,” says Gunilla Fransson, Chairman of the Board of Media vendor Net Insight has announced an agreement to divest its Sye consumer streaming business for SEK 350 million (€33.4 million) to an as-yet unnamed Fortune 500 company. The move effectively sees Net Insight exit the increasingly crowded consumer streaming sector at a lucrative moment. Net Insight has closed the transaction to divest Sye, its consumer streaming business, to Amazon (NASDAQ:AMZN) for approximately SEK 350 million in cash. The Sye technology solves fundamental issues for B2C streaming distribution. 'Sye has accelerated Net Insight's transformation to an advanced media technology company and has added invaluable competencies that will remain with Net Insight also after the divestment.' The divestment will allow Net Insight to increase focus and investments in its core B2B media transport business. E-commerce company Amazon.com Inc. completed the full acquisition of Net Insight AB's consumer streaming unit Sye for about 350 million Swedish kronor in cash.

The transaction is expected to be completed in the coming weeks. The Sye technology has proven its unique capability to solve fundamental issues for consumer live streaming, … To date, Net Insight says it has invested $22.9 million in Sye, so that’s a tidy $14.3 million profit. Proceeds from the deal will be funneled back into the core media transport business, while Net Insight notes that the experience gained in launching and developing Sye, relating to virtualized software and cloud-based technology, will continue to benefit the company. News & Events Latest announcements, exhibitions, and conferences around the world Go to the press releases www.netinsight.net Net Insight to divest its Sye business Stockholm, Sweden – Net Insight has today signed an agreement to divest its Sye consumer streaming business for SEK 350 million in cash to a Fortune 500 company.

Net Insight makes it easier to create and deliver content in a more reliable and effective way thanks to world-leading innovative technologies.

Net Insight will join the Microsoft Partner Network. The Sye live OTT product will become available on Microsoft Azure.

The Sye technology solves 6 Jan 2020 Amazon acquires Net Insight's consumer streaming business Net Insight has announced the sale of its consumer streaming business Sye to Net Insight is a global leader in media networks, resource optimization and Net Insight-Remote Production with Nimbra Net Insight-True Live with Sye Net {{ $select.selected.num + '. ' +$select.selected.name }}.

TV-utrustningsbolaget Net Insight har idag slutfört avyttringen av sin konsumentstreamingverksamhet Sye till Amazon för 350 miljoner kronor.

Affären Net Insight säljer sin konsumentstreaminglösning Sye till ett Fortune 500-bolag för 350 MSEK kontant. Transaktionen förväntas slutföras under Net Insight announces closing of transaction to divest ScheduALL Net Insight - Bye bye Sye ###### Divesting Sye for SEK 350m, or 41% of market cap Den avslutade transaktionen innebär att 100% av aktierna i det helägda dotterbolaget för Sye, som omfattar alla relevanta immateriella Analyser, rekommendationer & riktkurser för Net Insight aktien. Net Insight slutför försäljningen av Sye-verksamheten till Amazon för 350 miljoner kronor.

Stockholm – Net Insight meddelar idag att ett avtal har tecknats med ett USA-baserat Fortune 500-företag för deras live video streaming-tjänst mot konsumenter. Net Insights Sye-lösning möjliggör för kunder att skapa en OTT-tjänst som ger en högkvalitativ TV-liknande Net Insight AB gick med förlust (2019) Net Insight AB gick med förlust, -98 152 000 kr. Net Insight AB minskade sin omsättning med -5,35% senaste räkenskapsåret. Bolaget har 111 anställda, snittlönen har ökat 0,01%. "Sye is a forward thinking, game changing solution for the OTT market and this win, targeting bookmakers, shows one of many possible solutions of Sye," said Fredrik Tumegård, CEO of Net Insight. "With our innovative technology and SIS' strong presence in the sports and betting market we are confident that our partnership can bring new innovative services to this market." As announced on December 17, 2019, Net Insight signed an agreement to divest the Streaming Solution business area (Sye). The Sye technology solves 6 Jan 2020 Amazon acquires Net Insight's consumer streaming business Net Insight has announced the sale of its consumer streaming business Sye to Net Insight is a global leader in media networks, resource optimization and Net Insight-Remote Production with Nimbra Net Insight-True Live with Sye Net {{ $select.selected.num + '.
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At 9:30 CEST a conference call with web presentation for media and the financial community will take place.

Streaming Solutions hade ett rörelseresultat på -37,5 MSEK under de första nio månaderna 2019 och hittills har Net Insight investerat cirka 215 MSEK i Sye. Net Insight encourages creativity and commitment, because that’s how innovation is created. Net Insight’s organizational structure is flat to increase individual influence and enable individual engagement, commitment and competence to make a real difference. We are constantly looking for new talents, so check out our open positions and join us!
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The Sye Streaming Protocol is utilized throughout the entire solution, from the ingress, fanout, egress, all the way to the client. Necessary parameters are applied to

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