Zattoo, a prominent Swiss TV streaming provider, has announced the acquisition of Green Streams. This strategic move significantly bolsters Zattoo's presence within the European B2B TV platform market and paves the way for expansion into new international territories. While financial details remain undisclosed, the acquisition is poised to reshape the landscape of TV and streaming service delivery.
Established in 2021, Berlin-based Green Streams provides a cutting-edge modular, cloud-native Media Integration Platform (MIP). This platform is specifically designed for telecommunications and pay-TV providers, enabling them to seamlessly integrate existing infrastructure with various third-party modules. This approach fosters flexibility and scalability in delivering TV and streaming services.
This acquisition marks a pivotal strategic shift for Zattoo. The plan is to integrate Green Streams' middleware technology into its existing offerings. The resulting platform will be modular, cloud-native, and globally deployable, prioritizing the needs of network operators. “The acquisition of Green Streams is a milestone for Zattoo,” said Roger Elsener, CEO of the Swiss company. “It adds highly flexible, modular solutions perfectly tailored to network operators and international partners. This move not only cements our leadership in Europe but also unlocks global growth opportunities in a rapidly expanding market. It accelerates our technological progress and delivers solutions that set new benchmarks for efficiency and scalability.”
Green Streams’ technology has already gained significant traction in specific markets. Its system allows service providers to integrate specialized solutions for each layer of the technology stack. Zattoo anticipates that this acquisition will lead to faster development of new features and enhanced customization options for its clients, leveraging both in-house and third-party components.
Gernot Jaeger and Ivo Stock, the founders of Green Streams and former Zattoo executives, will continue their involvement throughout the integration process, remaining active under the Zattoo brand. “This is a significant moment for Green Streams,” said Jaeger. “Together with our committed investors, we set out to equip operators with agile, modular and powerful tools for success in TV and entertainment. We’re delighted that our technology will enhance Zattoo’s strong portfolio. Together we can shape the next generation of TV and streaming platforms and set new standards across the industry.”