Xstream – Øresund Startup News https://oresundstartups.com Tracking the Copenhagen, Malmö and Øresund region startup scene! Thu, 27 Feb 2014 22:17:02 +0000 en-US hourly 1 https://kerosin.digital/rss-chimp Capidea Becomes Majority Shareholder in Xstream https://oresundstartups.com/capidea-becomes-majority-shareholder-xstream-2/ https://oresundstartups.com/capidea-becomes-majority-shareholder-xstream-2/#comments Thu, 27 Feb 2014 21:53:37 +0000 http://oresundstartups.com/?p=6082 Capidea recently announced they had invested in video management software company, Xstream – the premium provider of OTT and TV service everywhere. The sum of the investment remains disclosed, but was large enough to establish Capidea as the firm’s majority shareholder, and subsequently new owner. The Danish private equity fund now owns slightly more than 50% […]

The post Capidea Becomes Majority Shareholder in Xstream appeared first on Øresund Startup News.

]]> Capidea recently announced they had invested in video management software company, Xstream – the premium provider of OTT and TV service everywhere. The sum of the investment remains disclosed, but was large enough to establish Capidea as the firm’s majority shareholder, and subsequently new owner. The Danish private equity fund now owns slightly more than 50% of Xstream: clearly a major stake.

Xstream supplies its customers with developed streaming software, MediaMaker, which enables them to distribute media files to their consumers – allowing the buyer to receive files through their TV, PC, tablet and smartphone. Its clients include Disney, Telenor and Canal Digital, as well as the more local Nordisk Film and Jyske Bank TV. The company is now a large, profit-making firm, with offices located in major cities of both Europe and North America, and a profit of over €3.5 million made in 2012, .

In recent year’s, Xstream has moved swiftly forward in terms of growth and development, and expects this pace to accelerate under the supervision of new owners; thus allowing the company to extend its grasp to cover international markets.

 “Xstream is a very exciting company with strong competencies and an innovative, market leading and unique product. Xstream has a scalable business model, making Xstream highly competitive, even against major global competitors. The success the company has had with its global expansion strategy, and all the new customers they have secured over the past two years, is a great indication and proof of their future success. We are convinced that Xstream has great growth potential and we look forward to contribute to the continued positive development of the company,” says Nicolai Jungersen, Capidea partner.

Frank Thorup, CEO and co-owner at Xstream, is equally optimistic about the company’s future prospects under this new ownership:

 “Our professional video management streaming software, Xstream MediaMaker™, has achieved great recognition in the industry… With the new ownership structure we are stronger than ever and well prepared for future competition of winning new large international customers,”

The enthusiasm doesn’t end there: former director at Danish telecom firm TDC, Lars Torpe Christofferson, has also made an investment in the company, motivated by their ‘remarkable potential and a solid and strong management team’. He has joined Thorup’s team as Xstream’s new chairman.

With Christofferson’s expertise, Thorup’s experience and the financial support of Capidea, Xstream appears ready to take on the global market.

 

The post Capidea Becomes Majority Shareholder in Xstream appeared first on Øresund Startup News.

]]> https://oresundstartups.com/capidea-becomes-majority-shareholder-xstream-2/feed/ 1 Xstream starts cooperation with major American producer of Nabi tablets https://oresundstartups.com/xstream-starts-cooperation-with-major-american-producer-of-nabi-tablets/ https://oresundstartups.com/xstream-starts-cooperation-with-major-american-producer-of-nabi-tablets/#respond Tue, 02 Jul 2013 17:59:28 +0000 http://oresundstartups.com/?p=3297 Xstreme, a Danish company that offers software for streaming TV and movies, has signed a contract with Fuhu, major US producer of Nabi mini-computers for children, informs TrendsOnline. This means that from now on American children will be viewing cartoons and films using Xstreme products. It is a great opportunity for Xstreme to expand its […]

The post Xstream starts cooperation with major American producer of Nabi tablets appeared first on Øresund Startup News.

]]> Xstreme, a Danish company that offers software for streaming TV and movies, has signed a contract with Fuhu, major US producer of Nabi mini-computers for children, informs TrendsOnline. This means that from now on American children will be viewing cartoons and films using Xstreme products. It is a great opportunity for Xstreme to expand its market since Nabi sells over seven million items a year.

“This is a huge breakthrough for us, and in our industry Nabi is a desired customer. The tablet is a huge product and one of the most hyped in the U.S. right now. It is sold in several major supermarkets such as Wall Mart at affordable prices,” explains owner and CEO of Xstream, Frank Thorup to Business.dk

Xstream offers comprehensive and scalable OTT and TV for 14 years in streaming media industry. Last months the company was recognized at the Streaming Forum in London as “Best Cloud Video Service”. Xstream’s services are used by Danish Nordisk Film and Jyske Bank TV. Yet, Norway is company’s biggest market due to its cooperation with media group Schibsted and Telenor.

The post Xstream starts cooperation with major American producer of Nabi tablets appeared first on Øresund Startup News.

]]> https://oresundstartups.com/xstream-starts-cooperation-with-major-american-producer-of-nabi-tablets/feed/ 0 15 Øresund startups on the Red Herring Europe Top 100! https://oresundstartups.com/15-startups-on-the-red-herring-europe-top-100/ https://oresundstartups.com/15-startups-on-the-red-herring-europe-top-100/#comments Sat, 16 Mar 2013 17:08:46 +0000 http://oresundstartups.com/?p=1400 The 2013 Red Herring Europe 100 finalists have been released. On the list are a large selection of different startups, and no less then 15 from our region. As usual the startups are in different categories: internet, mobile and software being the most frequent ones. The following startups from the Copenhagen region made it: Big Bite […]

The post 15 Øresund startups on the Red Herring Europe Top 100! appeared first on Øresund Startup News.

]]> The 2013 Red Herring Europe 100 finalists have been released. On the list are a large selection of different startups, and no less then 15 from our region. As usual the startups are in different categories: internet, mobile and software being the most frequent ones.

The following startups from the Copenhagen region made it:

Finalists from earlier years from this region inlude: Atosho, Bownty and Octoshape.
With 15 startups on the top 100 it shows the potential of this region. 15 is also more then the 13 startups from the Stockholm region that are on the list!

The post 15 Øresund startups on the Red Herring Europe Top 100! appeared first on Øresund Startup News.

]]> https://oresundstartups.com/15-startups-on-the-red-herring-europe-top-100/feed/ 1