NSSLGlobal Acquires Norwegian IPTV Provider SnapTV
[Via Satellite 12-23-2016] NSSLGlobal is acquiring Norwegian IPTV company SnapTV. The acquisition will see SnapTV and NSSLGlobal working together to promote and develop entertainment services for maritime and offshore companies. With advanced state of the art TV and media distribution rights for all of the major players, SnapTV is well positioned to enhance the working environment and crew welfare on ships and oil rigs.
The deal with SnapTV signifies the start of NSSLGlobal’s new investment program where it proactively seeks out young innovative companies to invest in with applications that will work as an added value service to NSSLGlobal customers, whilst the two parties continue to work independently and attract their own clients. The investment program will see NSSLGlobal offer capital, contacts and expertise to help propel the start-ups to the next level.
Established in 2006, SnapTV provides a range of infotainment software, hardware and services. Its infotainment software service includes television, recording (nPVR), video on demand and radio.
Snap TV’s video on demand and TV streaming will provide a legally licensed home comfort that crews have shown a strong desire for. Traditionally companies have had two problems in providing such services for their crew: the affordability and bandwidth constraints of providing such services over satellite; and ensuring that crew abide by licensing rights when streaming videos (which ultimately the company is legally responsible for). Through the combination of SnapTV and VSAT IP@Sea NSSLGlobal is taking these problems away for its customers.
NSSLGlobal will broadcast SNAP TV over a separate satellite channel to VSAT IP@Sea vessels without affecting other operational or crew welfare services or forcing customers to increase their satellite bandwidth packages, according to Sally-Anne Ray, Group CEO at NSSLGlobal.