24i Media continues M&A binge with StreamOne acquisition

24i Media has been on an M&A hot streak lately, and the video app developer is keeping that momentum going by announcing Thursday that it’s acquiring media technology provider StreamOne. StreamOne, founded in 2012, offers a suite of tools for multiplatform, multidevice publishing of videos along with an interface offering integrations with third-parties for publishers and broadcasters. StreamOne is currently used by TMG in the Netherlands for all of its video applications.“The acquisition of StreamOne’s technology is a leap forward for 24i in its ambition to innovate and optimize the user experience, user interaction and consumer value of tomorrow’s OTT services,” said Martijn van Horssen, CEO at 24i, in a statement. “The StreamOne architecture and expertise throughout the OTT production chain improves our cooperation with and services to our strategic partners. StreamOne’s technology stack also accelerates our product roadmap with new modular functionalities and strengthens the architecture of our technology stack.” This is 24i’s third acquisition in twelve months. In May 2018, the company acquired Mautilus, the Czech TV app agency specializing in HbbTV and applications for multiple devices. In March 2018, acquired Vigour, a multiscreen video platform provider.