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AT&T Completes Acquisition of QuickplayAT&T (News - Alert)* has completed its acquisition of Quickplay Media, Inc. from Madison Dearborn Partners. The deal complements AT&T's strategy to deliver video content wherever and whenever viewers want it by adding a leader in powering over-the-top (OTT) video and TV Everywhere services to AT&T's portfolio. Quickplay is the current platform provider for AT&T's U-verse TV Everywhere offering. The platform will support the streaming offers - DIRECTV Now, DIRECTV Mobile and DIRECTV Preview - that AT&T plans to introduce later this year. These new plans will let viewers stream DIRECTV content over the Internet to virtually any device. Quickplay will also continue to support and expand its global customer base, grow its managed platform services and continue to enable other companies - from video providers to content distributors - to deliver premium video to any device and over any network. AT&T plans to retain Quickplay's team of more than 350 employees and contractors. Their knowledge and skills are critical to AT&T's streaming video strategy. The companies did not disclose financial terms. *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter (News - Alert) at @ATT, on Facebook at http://www.facebook.com/att and YouTube (News - Alert) at http://www.youtube.com/att. © 2016 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners. *Global coverage claim based on offering discounted voice and data roaming; LTE (News - Alert) roaming; voice roaming; and world-capable smartphone and tablets in more countries than any other U.S. based carrier. International service required. Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.
About Madison Dearborn Partners
AT&T Cautionary Language Concerning Forward-Looking Statements View source version on businesswire.com: http://www.businesswire.com/news/home/20160628006577/en/ |