DAZN acquires ViewLift for $100 million to enhance U.S. sports streaming capabilities
Here's what it means for you.
DAZN's acquisition of ViewLift signals a significant shift in the competitive landscape of U.S. sports streaming.
What happened
DAZN has agreed to acquire ViewLift for around $100 million.
The Context
- DAZN is based in London and is focused on expanding its presence in the U.S. sports market.
- ViewLift provides technology solutions for streaming services used by 15 professional U.S. sports teams.
- The acquisition is part of DAZN's broader strategy to enhance its technological infrastructure.
Takeaway
The acquisition of ViewLift positions DAZN to better compete in the evolving sports streaming industry.
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Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M (Isabella Simonetti/Wall Street Journal)
DAZN, a London-based sports streaming service, has agreed to acquire ViewLift, a technology company that develops streaming solutions for 15 professional U.S. sports teams, for approximately $100 million. This acquisition is part of DAZN's strategy t...
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