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05/11/2019
Visual Data Media Services Acquires MX1
Visual Data Media Services (VDMS) has acquired MX1 UK Limited in London.
Located in North Acton, MX1 UK Limited provides content preparation services as a part of SES, the world’s leading satellite operator and managed service provider. Its strong client base of major studios, TV and film distributors, broadcasters and streaming platforms complements Visual Data’s existing client base in Europe and North America. With this sale, SES continues to focus on its core business of hybrid content distribution, end-to-end content management and content monetisation services. SES remains firmly committed to the development of its core service business in the UK market and worldwide.
VDMS plans to make substantial investment in 4K, HDR and IMF mastering at the company’s 10,000sqft site in North Acton as part of its mission to pursue a best of the best approach with technology and systems.
All existing MX1 UK contracts with current customers will remain unaffected.
The deal was finalised on 1st November. The amount of the deal has not been disclosed.
www.visualdatamedia.com
Located in North Acton, MX1 UK Limited provides content preparation services as a part of SES, the world’s leading satellite operator and managed service provider. Its strong client base of major studios, TV and film distributors, broadcasters and streaming platforms complements Visual Data’s existing client base in Europe and North America. With this sale, SES continues to focus on its core business of hybrid content distribution, end-to-end content management and content monetisation services. SES remains firmly committed to the development of its core service business in the UK market and worldwide.
VDMS plans to make substantial investment in 4K, HDR and IMF mastering at the company’s 10,000sqft site in North Acton as part of its mission to pursue a best of the best approach with technology and systems.
All existing MX1 UK contracts with current customers will remain unaffected.
The deal was finalised on 1st November. The amount of the deal has not been disclosed.
www.visualdatamedia.com
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