Wowza, a live and video on demand (VOD) platform powering more than 6,000 customers globally, and a portfolio company of private equity firm Clearhaven Partners (Clearhaven), has acquired Flowplayer, a Sweden-based video player specialist.
Financial terms of the deal have not been disclosed.
The acquisition comes amid a period of significant growth and product development for Wowza. Since launching Wowza Video in April 2022, more than 1,000 customers have trusted the integrated live and video on demand (VOD) platform to power video applications for their millions of end-viewers. By acquiring Flowplayer, Wowza adds enhanced player functionality, a lightweight code base and a rich plugin library, and expands its global team.
Wowza has been a pioneer in streaming video for more than 15 years, starting with the initial launch of Wowza Streaming Engine, which now has more than 35,000 implementations. Today, Wowza Video is the preeminent cloud-based video platform that delivers an easy-to-start, customisable solution for live and VOD workflows. This empowers customers to utilise full API and SDK support to power extensible solutions, which are underpinned by Wowza’s SOC 2 Type 2 compliance and digital rights management (DRM) integrations.
Flowplayer launched as one of the first video players on the web. Today, its ultra-lightweight, fast-loading player has become a critical tool for driving website search rankings. Its extensible architecture aligns with Wowza’s customisation capabilities, allowing Flowplayer to seamlessly integrate with Wowza Video and Wowza Streaming Engine. Wowza’s acquisition of Flowplayer also paves the way for new features and capabilities, such as expanded analytics and enhanced player configurability.
With the acquisition of Flowplayer, Wowza expands its international footprint by adding offices in Stockholm and Helsinki, while maintaining its existing locations in Berlin and Lakewood, Colorado (global headquarters).