NSSLGlobal has acquired Norwegian IPTV company SnapTV, a company delivering entertainment services for maritime and offshore companies.
The new partnership will see SnapTV and NSSLGlobal working together to enhance the working environment and crew welfare on ships and oil rigs.
Established in 2006, SnapTV provides a range of infotainment software, hardware and services, including live television, recording (nPVR), video on demand and radio.
The deal with SnapTV signifies the start of NSSLGlobal’s new investment programme 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 programme will see NSSLGlobal offer capital, contacts and expertise to help propel the start-ups to the next level.
“SnapTV is an obvious investment choice for us and there are very clear synergies between our satcom technologies and SnapTV’s offering. SnapTV’s core streaming technology, with fully licenced content, is compelling to customers,” commented Sally-Anne Ray, Group CEO, NSSLGlobal.
“Combine this with our ability to broadcast Snap TV over a separate satellite channel to VSATIP@SEA vessels — without affecting other operational or crew welfare services or forcing customers to increase their satellite bandwidth packages -and it becomes an even more compelling way to enhance the working environment and crew welfare on ships and oil rigs. With the combination of both companies knowledge and experience, we look forward to emerging with a stronger, united product portfolio.”
“NSSLGlobal’s investment in SnapTV is a vindication of both the hard work our team has put into our infotainment products, as well as the potential of this sector in general,” commented Bjørn Sæterøy, CEO, SnapTV. “The market for legal, flexible and user-friendly crew entertainment solutions at sea is enormous. With NSSLGlobal’s immense maritime expertise and industry contacts behind us we’re well placed to capitalise in 2017.”
