International. Ooyala and Telstra announce the completion of the acquisition of Ooyala by their directors. Building on Ooyala's success under current management and aligned with Telstra's 2022 strategy, this transaction lays the foundation for Ooyala's next phase of growth. Telstra will continue to be a valued partner as a customer and during the go-to-market strategy.
Ooyala's management team will continue with its commitment to providing the best customer service, a characteristic that has distinguished them worldwide. Through the Ooyala Flex Media Platform– an industry-leading platform for video streaming and media solutions – Ooyala powers the content supply chain of leading media, entertainment, telecommunications, enterprise, broadcast and sports brands around the world. Among the company's clients are: Audi, Chelsea FC, Dell, Australian National Rugby League, PGA, Starhub, Sky Sports, Turner and Telstra.
Under the direction of this management and its team of employees, Ooyala is expected to continue its growth. This is thanks to the good reception in the market of Ooyala Flex Media Platform and its solutions that enable playback and monetization between devices, TV-grade live streaming, content management based on MAM, and the creation of content based on information obtained through the platform.
With a powerful workflow, a shared metadata infrastructure, and an extensive partner ecosystem, Ooyala Flex Media Platform enables your allies and customers to connect and orchestrate an entire content supply chain. Whether they focus on creating, distributing, or monetizing content, Ooyala Flex Media Platform saves its customers time and money, while also providing the ability to create new revenue streams.
"With this transaction we are ushering in an exciting new chapter for our company, positioning ourselves to invest more aggressively in our customer solutions. We are now much better equipped to more agilely drive Ooyala's growth, innovating our own technologies and acquiring others that provide the best experience to our customers. Our flagship product, Ooyala Flex Media Platform, is on its way to becoming the best-in-class video streaming and media management solution," said Jonathan Huberman, CEO of Ooyala.
