SINGAPORE—ZEASN Technology Private Ltd, a provider of solutions and services for smart homes, has announced deals to acquire Foxxum GmbH, a provider of innovative CTV solutions, and rlaxx TV GmbH, an international AVOD/FAST streaming service. Financial terms of the deals were not disclosed.
The combination of the three companies will position ZEASN as the leading independent provider of CTV operating systems (OS) and AVOD/FAST products with an installed base of 85 million CTVs worldwide and an AVOD/FAST service accessible on 1.2 billion devices in 27 countries. The combined companies will also be able to offer a powerful and extensive platform for content distribution and monetization of user engagement, ZEASN reported.
