ENENSYS, a designer and manufacturer of digital video delivery technologies, has announced the completion of its acquisition of Expway, a provider of LTE Broadcast infrastructure software and solutions. The acquisition strengthens ENENSYS and Expway’s ability to deploy its LTE Broadcast technology, while joining efforts to aggressively build and market the 5G broadcast solutions.
Based in Paris, Expway revenues consists mainly of sales of software licences and royalties. The Group employs 45 people and generated around 95 per cent of its sales on the overseas market with major telecom operators such as Vodafone, Verizon and Reliance Jio.
ENENSYS says the acquisition of a recognised expert in mobile and telecom network optimisation technologies will significantly expand its range of solutions for smartphones and tablets. These technologies enable video content to be delivered to millions of users using only one stream, thereby enhancing quality of experience and reducing bandwidth consumption and network saturation. The addition of Expway’s patents means the Group now holds a total portfolio of nearly 60 patents.
ENENSYS Technologies CEO and founder Régis Le Roux said: “The acquisition of Expway is a major milestone towards fulfilling our goal of becoming a leading provider of mobile video streaming solutions, a fast-growing market segment. We know Expway’s people very well, as we have already worked with them on a number of joint projects. The solutions developed by Expway’s teams have earned worldwide recognition for their efficiency, as testified by their extremely global customer portfolio consisting almost entirely of key accounts. This deal will enable us to achieve a significant milestone in our ambitious development plan by expanding our coverage of broadcast optimisation solutions, regardless of the technology employed, whether DTT, OTT, satellite or mobile.”
“We are excited to have reached this agreement with ENENSYS, which is an accelerator for Expway,” added Thierry Sergent, CEO of Expway. “It will enable a faster geographical growth, particularly with a strengthening of our presence in the United States, and a quicker adoption of Expway’s technology. Both companies know each other very well, and have similar cultures, which means we can be confident in the success of integration. Our customers will directly benefit from extended customer services and accelerated innovation.”