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Ottawa's You.i TV acquired by WarnerMedia

Ottawa’s You.i TV acquired by WarnerMedia
Ottawa-based startup You.i TV, a software company that assists streaming services to present their programming across multiple platforms, has been acquired by media giant WarnerMedia.
Light Reading first reported that WarnerMedia, the media division of AT&T, was close to a deal on December 3. The Globe and Mail revealed on December 17 that the acquisition was about to be announced for more than $100 million USD. The price of the acquisition has not been released.
“The You.i Engine One technology, and the development teams behind it, are best-in-class.”
Founded in 2009, the startup’s You.i Engine allows brand owners to build a customized platform across mobile devices, set-top boxes, consoles, and streaming devices from a single code base. In 2016, You.i raised a $12 million Series B led by Time Warner Investments, and in 2018, closed $30 million CAD ($23 million USD) in growth capital. ....

United States , Warnermedia International , Engine One , Time Warner Investments , Jason Press , Latin America , Rooster Teeth , ஒன்றுபட்டது மாநிலங்களில் , இயந்திரம் ஒன்று , நேரம் எச்சரிக்கை முதலீடுகள் , ஜேசன் ப்ரெஸ் , லத்தீன் அமெரிக்கா , சேவல் பற்கள் ,

Kanata software firm You.i TV sold to WarnerMedia in US$100M deal: report

Kanata-based You.i TV – which attracted more than US$50 million in venture capital over the past decade as it developed cross-platform video apps for customers around the world – has been sold to U.S. media giant WarnerMedia LLC, according to a news report.
In a story reporting the deal Thursday, the
Globe and Mail pegged the value of the transaction at more than US$100 million. A source told the publication the deal is expected to be announced publicly within a matter of days.
You.i co-founder and CEO Jason Flick did not respond to requests for comment from OBJ on Friday. Company spokesperson Sandra Catana sent an email saying: “We don’t comment on M&A speculation so nothing to share at this time.” ....

United States , Sandra Catana , Kanata Based You , Corus Entertainment , California Based Kayne , Time Warner Investments , Causeway Media Partners , North America , ஒன்றுபட்டது மாநிலங்களில் , சாண்ட்ரா சாதன , கனாட்டா அடிப்படையிலானது நீங்கள் , கோரஸ் பொழுதுபோக்கு , கலிஃபோர்னியா அடிப்படையிலானது காய்நே , நேரம் எச்சரிக்கை முதலீடுகள் , காஸ்வே மீடியா கூட்டாளர்கள் , வடக்கு அமெரிக்கா ,

Kanata software firm You.i TV sold to WarnerMedia in US$100M deal: report

Kanata-based You.i TV – which attracted more than US$50 million in venture capital over the past decade as it developed cross-platform video apps for customers around the world – has been sold to U.S. media giant WarnerMedia LLC, according to a news report.
In a story reporting the deal Thursday, the
Globe and Mail pegged the value of the transaction at more than US$100 million. A source told the publication the deal is expected to be announced publicly within a matter of days.
You.i co-founder and CEO Jason Flick did not respond to requests for comment from OBJ on Friday. Company spokesperson Sandra Catana sent an email saying: “We don’t comment on M&A speculation so nothing to share at this time.” ....

United States , Sandra Catana , Kanata Based You , Corus Entertainment , California Based Kayne , Time Warner Investments , Causeway Media Partners , North America , ஒன்றுபட்டது மாநிலங்களில் , சாண்ட்ரா சாதன , கனாட்டா அடிப்படையிலானது நீங்கள் , கோரஸ் பொழுதுபோக்கு , கலிஃபோர்னியா அடிப்படையிலானது காய்நே , நேரம் எச்சரிக்கை முதலீடுகள் , காஸ்வே மீடியா கூட்டாளர்கள் , வடக்கு அமெரிக்கா ,