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Accedo buys US TV apps company
Interactive TV specialist Accedo has acquired US-based TV app developer CloverLeaf Digital.
CloverLeaf delivers TV apps to North American IPTV and cable operators. Its technology includes TV app management and provisioning solutions, which will be integrated into Accedo’s portfolio of solutions. The CloverLeaf team will form the basis of Accedo’s New York City office.
“We’re currently witnessing a revolution in the way consumers experience TV. Over the past 24 months, we have seen an accelerating pace of innovation within the TV industry from the proliferation of online connectivity to the TV set. We are just starting to see a transformation of the ecosystem for TV,” said Michael Lantz, CEO, Accedo. “By acquiring CloverLeaf, Accedo strengthens our unique position to innovate and provide attractive, next generation applications in this unprecedented evolution of the TV industry.”