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Net Insight names Amazon as Sye buyer, completes transaction with SEK 200 mln profit in Q1
2020-01-06 09:26:00| Telecompaper Headlines
(Telecompaper) Net Insight has named Amazon as the buyer of its Sye consumer streaming business for approximately SEK 350 million in cash and said the transaction has been completed. It had announced that it had found a buyer in December but said at the time only that it was a Fortune 500 company.
Net Insight divests Sye business to Amazon
2020-01-03 17:30:33| Digital TV News
Net Insight has closed the transaction to divest Sye, its consumer streaming business, to Amazon (NASDAQ:AMZN) for approximately SEK 350 million in cash. The Sye technology solves fundamental issues for B2C streaming distribution.
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