The UK arm of MX1 has been sold to Visual Data Media Services.
Operating from North Actons, MX1 serves major studios, TV and film distributors, broadcasters and streaming platforms.
“We are active consolidators in the global media services and content preparation market. This transaction continues our current UK expansion program, and we were particularly attracted to the talented operational and management teams at MX1 UK Limited,” comments Symon Roue, Managing Director, Visual Data Media Services. “This acquisition continues our growth in the media services, localisation and content preparation market. It is an amazing time to be in the content preparation industry with the flight to quality content driven by the US & European streamers.”
MX1 was formed from the merger between SES Platform Services and RR Media. In July 2016, the two entities were merged into MX1, but in September this year SES chose to run MX1 under its corporate brand.