Accedo acquires Hibox

Accedo TV CEO, Micheal Lantz and Hibox CEO, Staffan Granholm

Accedo has announced the acquisition of advanced TV solutions provider Hibox.

The deal will see Hibox’s flagship Aura and Smartroom products complement Accedo’s offering of TV software solutions in a content portfolio the company says offers “unparalleled flexibility and cost efficiency for customers.”

Between them, the companies have “hundreds of customers worldwide” for whom they power video experiences.

Michael Lantz, CEO, Accedo, said: “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.”

Staffan Granholm, CEO and co-founder, Hibox, said: “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 in the coming weeks, and Accedo said that joint solutions “are immediately available.”