US Latino Spanish-language movie network provider Olympusat has bolstered its over-the-top offerings by acquiring TV everywhere and OTT video app solutions firm Float Left Interactive.

The acquisition is part of Olympusat’s efforts to expand its digital footprint and engage a wider audience across its VEMOX B2B carrier-grade OTT platform. Developed for operators in the US and Latin America, the VEMOX platform combines technology and content, creating a customisable OPEX-based turnkey solution with over 100+ live Spanish and English language channels and 5,000+ hours of VOD content.
“This is a great fit for Olympusat,” remarked CEO Tom Mohler. “With Float Left Interactive’s resources, we will rapidly expand VEMOX’s capabilities. Just as importantly, we are bringing to Olympusat a great and talented team, led by Tom Schaeffer, who will move quickly with our own distribution and creative teams to create and build additional OTT services.”
Schaeffer, Float Left Interactive’s CEO, added: “Olympusat is truly the ideal home for us. Combining our deep experience in direct to consumer video services and coupled with Olympusat’s vast library and production expertise will provide an unlimited number of opportunities to create the next generation of TV experiences.”