Encompass Digital Media has signed a definitive agreement to acquire Babcock International Group’s (Babcock’s) Media Services business.
Commenting on the development, Chris Walters, Encompass CEO, said: “Acquiring Babcock’s Media Services business increases our presence in the EMEA region, expands our video services offering, specifically in the live streaming sports arena, and bolsters our collective relationships with some of the most important media companies and public service broadcasters around the world.
“We are thrilled to be adding a large number of highly regarded industry professionals to the Encompass team.”
Nick Thompson, Managing Director of Babcock’s Media Services business, added: “I am delighted that Babcock’s Media Services business is becoming a part of one of the leading global providers of managed video services. The combination of Encompass’ significant international presence and prestigious customer base, together with Babcock’s growing capabilities in the rapidly expanding live streaming market and our market-leading position serving many of the world’s leading international radio broadcasters, will further cement Encompass’ global reputation as THE provider of choice”.
Encompass has existing facilities in the UK, US, Singapore, Argentina, Latvia and India, The acquisition will grow its operations in the UK and Singapore and add operations in Oman and Ascension Island.
Encompass is a global technology services company focused on supporting TV networks, broadcasters, sports leagues and digital leaders with the delivery of their linear/nonlinear video content across television and digital platforms.
Meanwhile, Babcock’s Media Services business provides a complete range of fully-managed solutions to deliver channels and content to global audiences across any platform.
