Zeasn acquires Foxxum and rlaxx TV

OTT and smart TV solutions provider Zeasn has acquired sister companies Foxxum, a smart TV solutions provider, and FAST streaming service rlaxx TV.

The acquisition positions Zeasn as a leading independent provider of CTV operating systems (OS) and AVOD/FAST products in the market.

As part of the integration process, Whale OS 3 and Foxxum OS 4 operating systems will be merged into the new Whale OS 4. The creation of Whale OS 4 aims to grow from the combined installed base to over 200 million within three to five years. The acquisition of Foxxum also expands the app portfolio of Whale OS 4

Combined with Zeasn’s AI-enabled algorithms, data tracking tools, and personalised recommendations, Whale OS curates content tailored to individual preferences. This enables viewers to explore new streaming options while enabling advertisers to effectively reach their desired audience.

Rlaxx TV, will be integrated with Zeasn ’s streaming service, Whale Live and operate under the name rlaxx TV, offering a range of content.

Foxxum’s sharing of 80% of the monetisation revenue of CTV operating systems with partners will be incorporated by Zeasn and retained under the current name Mission 1 Joint Venture Alliance.

Foxxum and rlaxx TV executives will remain on board, assuming leadership positions within the newly formed group.

Jason He, CEO of Zeasn said: “Their expertise and market position, combined with our existing capabilities, will propel us to new heights in the CTV industry. Together, we will redefine the CTV landscape, offer a compelling alternative, and deliver world-class experiences for viewers. This is a significant step in preparing our company for a future IPO.”

“The combination of three strong companies will accelerate our strategy to form the leading independent player that our customers have long demanded,” added Ronny Lutzi, CEO of Foxxum and rlaxx TV. “From day one, we are poised to swiftly outpace other independent players, surpassing them not merely in sheer installation numbers, but also through our industry expertise.With solid support from the global TV supply chain, we aim to position ourselves at eye level with industry giants like Google TV and Roku.”

Zeasn, Foxxum, and rlaxx TV will showcase their joint vision, products, and solutions at IBC 2023 in Amsterdam next month.