ONE CONNXT LLC Announces Intent To Acquire Assets Of One Connxt Business From One Media Corp Inc

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Acquisition Reinforces Commitment To Innovation, Expands Potential For Future Transport And OTT Services

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“As the global IP video transport business continues to become more mainstream and video distributors look for more cost effective methods, we look forward to new and continued growth in the global use of our products and services.”

ONE CONNXT LLC, recently formed for the acquisition and operation of IP based video transport and OTT business opportunities, today announced its intention to acquire the assets of One Media Corp Inc’s One Connxt business operations. The deal includes both key personnel and operational and intellectual property specific to the technological and business operations of One Connxt. One Connxt is a global leader in both high quality, low latency UltraHD/4K-HD-SD IP Broadcast Transport and, under the brand CloudConnxt, an all Inclusive End-to-End OTT video distribution.

“During the last several years, One Connxt has become a familiar industry name and the ‘go to’ solution for clients needing the best quality video transport at an affordable cost. This acquisition accelerates the ability to further develop and grow CloudConnxt, our all inclusive end-to-end OTT solution with which our clients can launch their brand and content within 48 hours,” said Chris Lavin. “As the global IP video transport business continues to become more mainstream and video distributors look for more cost effective methods, we look forward to new and continued growth in the global use of our products and services.”

One Connxt will be exhibiting its OTT platform and transport technology services at IBC 2016 in Amsterdam, September 9-13, Stand 1-A97.

ABOUT One Connxt
ONE CONNXT is an end-to-end UltraHD/4K-HD-SD content distribution service utilizing proprietary IP solutions that provide high quality point-to-point and point-to-multipoint live and recorded video programming virtually anywhere in the world with low latency. The ONE CONNXT service enables broadcasters and content owners to successfully reach more locations with higher operational flexibility and reduced delivery costs over traditional broadcast technologies. ONE CONNXT supports HD/SDI, ASI/MPEG-TS, MPEG-TS Output over IP and fully integrated support for H.265/HEVC and UltraHD (4K). ONE CONNXT is based in the United States.

ABOUT CloudConnxt
CloudConnxt leverages its own TV-as-a-service platform that has been built with the latest technology over the last 4 years, providing an open and robust end-to-end complete solution as well as a suite of APIs including full access to our back-end, middleware, and UI Apps for integration into your CMS, third party payment providers, or third party App development services. All monetization options are available including subscription, transaction and ad based services or any combination. CloudConnxt’s platform currently serves more than half a million customers.

Press Inquiries
Jodi Morelli
jmorelli(at)oneconnxt(dot)com
+1 203 249 2839

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Jodi Morelli
ONE CONNXT
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