Ocean Blue Software to acquire EKT’s Advanced Media Group

Ocean Blue Software (OBS) has announced plans to acquire EKT’s Athens-based Advanced Media Group with immediate effect. 

Bringing more than a decade of experience in video streaming, media players and browser-based solutions, Advanced Media Group will provide a complementary skill set to the existing OBS team.

Paul Martin CEO of OBS, said: “This agreement marks a significant milestone in the development of OBS, further increasing our scale and competitiveness. Not only does this team have an outstanding track record in delivering complex large-scale projects, it has built deep expertise in all forms of streaming which are crucial to the future of our business. I would like to welcome the team to OBS and we look forward to working together on some of the exciting projects we are planning.”

Richard Smith, CEO of EKT said: “EKT is very proud of all of its team members and our Athens group has played an essential role in the evolution of EKT. In this fast changing world, we see the Athens team thriving under the wings of OBS, where EKT will continue to benefit from their skills and talent. We have worked closely with OBS for many years and the integration of this team will expand the areas in which OBS supports us.”