• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Kaltura receives “unsolicited proposal” from Panopto

August 2, 2022 11.41 Europe/London By Julian Clover

Seattle-based enterprise video provider Panopto is bidding to acquire its New York-based competitor Kaltura.

It’s already placed two offers on the table in June and July, both of which have been rejected by Kaltura.

A third offer of $3 per share values Kaltura at $383 million.

“Kaltura’s Board of Directors will evaluate the proposal in due course,” the company said in a statement. “Kaltura continues to execute on its strategy to power video experiences for learning, collaboration, entertainment, and events for organizations around the world.”

Private Equity Firm K1 Investment Management, which backs Panopto, has amassed a stake of 6.9% in Kaltura, which according to Bloomberg makes it the fifth largest shareholder.

Kaltura has lost ground since it debuted on Nasdaq in July 2021 at a value of valued at $1.24 billion. It’s share price rallied after news of the bid emerged.

In November Kaltura’s video platform debuted on Vodafone Germany following earlier Vodafone TV launches in Hungary and Czech Republic in 2020.

Last year Panopto acquired New York-based video company Syracuse. It emerged in 2007, targeting universities that wanted a way to capture, store, stream, and sort through videos of lectures before moving into enterprise video content management.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Business, Editor's Choice, Finance, Newsline Edited: 3 August 2022 12:01

About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

Latest News

  • CEO Thorsten Dirks to leave Deutsche Glasfaser
  • Take part in steaming technology survey
  • HBO begins to reduce its headcount
  • Agcom investigates after another poor start to DAZN’s Serie A season
  • Free Paramount+ subscription for Walmart customers

Watch Video

Amino supporting RDK & Android platforms – ANGA COM Roundup Video

Julian Clover speaks to Amino's Jonny McKee about the company's transition towards standards platforms to support the launch of OTT services. Recorded at ANGA COM in Cologne. … [Watch Now ...]

24i on app development and viewer recommendations – ANGA COM Roundup Video

Julian Clover speaks to 24i's Sales Director Operator Solutions, Lennart Broers, about how apps are becoming more important to pay-TV operators, and the recent acquisition of recommendations company The Filter. … [Watch Now ...]

Free Ebook

eBook: The Full Guide to IP Monitoring

IP is the future of your facility, if not already your everyday reality. It enables incredible agility and cost savings, but also introduces a new set of challenges. Read The Full Guide to IP Monitoring to learn about the best practices for IP monitoring in live production, playout and OTT and the methods to help you to reduce complexity in these workflows. … [Download the eBook...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2022 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OK