Zurich, Switzerland, Wednesday 13th July 2022
Zurich-based REINHART INTERACTIVE TV AG (100% owner of ZAPPWARE) acquires Lausanne-based iWEDIA and creates ZAPPWARE ENTERTAINMENT GROUP.
ZAPPWARE, the award-winning developer of end-to-end digital TV platforms and iWEDIA, the provider of tier 1 software solutions for connected TV devices and Android TV pioneer, will join forces to create the ZAPPWARE ENTERTAINMENT GROUP INTERNATIONAL (“ZEGI”) with head offices in Zurich, Switzerland. REINHART INTERACTIVE TV AG recently spun-out of NextPlay Technologies and joined TGS via a reverse merger.
Combined, ZAPPWARE and iWEDIA represent one of the largest TV deployment footprint in the world servicing up to 50 million households. The companies will join forces to enhance its service offerings to a joint customer base including A1, Amplia/TSTT, Bouygues Telecom, Deutsche Telekom, KDDI, NTT DoCoMo, Orange, Reliance Jio, Swisscom, SKY, Telus, Une and Unity Media.
“ZAPPWARE has been at the forefront of digital TV for 20 years now. By adding iWEDIA, we extend our product portfolio and greatly strengthen our customer reach and delivery capabilities globally. We are also looking for further M&A targets.” says Ives Decraene, Executive Director of ZAPPWARE ENTERTAINMENT GROUP
“iWEDIA has served major tier 1 telecom operators for more than 10 years and all our customers can be assured a continuation of our services. By joining forces with ZAPPWARE, we can now offer our customers a much more comprehensive portfolio of products including the ability to add award-winning user interface and tools, e-gaming and advertising. Our team of 250 engineers can provide the scale to accelerate the growth of the new entity in and beyond the TV space”, adds iWEDIA CEO Hans-Jürgen Désor.
Mr. Hans-Jürgen Désor will report directly to the Executive Directors Ives Decraene and Patrick Vos of ZAPPWARE ENTERTAINMENT GROUP INTERNATIONAL. iWedia’s teams remain committed to a seamless continuation of all projects and partnerships.
iWedia S.A. provides world-class software solutions for connected TV devices. iWedia pioneered in the provision of services for Android TV and support for customers with software architecture and design expertise, field proven products, and cost-effective engineering services out of its development centres in Serbia. iWedia is proud to serve major telecom operators, PayTV operators and tier 1 automotive OEMs with its media solutions.About Zappware
Zappware, founded in 2001, combines creativity and technology into powerful digital TV solutions for Entertainment Service Providers. With proven and award-winning user interfaces Zappware currently serve millions of devices around the world and provide an intuitive and personalized multi-screen TV experience across set-top boxes, smartphones, tablets and PCs. It includes a unified Service Delivery back-office that allows the operator to monetize the service on cable, satellite, terrestrial, IPTV, OTT and hybrid networks.