Sunday, July 10, 2016

Google Acquires Anvato for Media Content Platform

Google has acquired Anvato, a start-up based in Mountain View, California that provides video processing software for TV operators, programmers, and broadcasters. Financial terms were not disclosed.

Anvato said its software will now be offered on the Google Cloud Platform.

Anvato lists NBCUniversal, Univision, Scripps Networks, Fox Sports, and Media General as among its customers.

Anvato is headed by Alper Turgut, who previously led Verkata and was co-founder of Aligo. The team also includes Ismail Haritaoglu, Mehmet Altinel, Oztan Hamanci, and Matt Smith.

Anvato was funded by Oxantium Ventures.

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