Accedo & Magine Pro form entity to lead in SaaS OTT solutions
Accedo, a global provider of video streaming software and services, and Magine Pro, an over-the-top (OTT) platform provider, have signed a binding agreement to carve out and merge their respective Software-as-a-Service (SaaS) businesses, Accedo One and Magine Pro, into a new jointly-owned company.
By combining Accedo One’s team and platform with those of Magine Pro, the merger will create a global leader in SaaS solutions for OTT streaming, said the companies.
Michael Lantz, CEO, Accedo, said, “I’m thrilled to be joining forces with Magine. Our customers expect us to lead product innovation and continue to drive the best experience both for them and the end user.
“Together with the talented team from Magine Pro, we will be able to focus our resources on growth and innovation.”
The new entity will start operating following customary regulatory approvals which are expected in December 2025. Markus Hejdenberg, current CEO of Accedo One, will step into the CEO position of the new company while Matthew Wilkinson, current CEO of Magine Pro, will become Chief Commercial Officer.
Wilkinson added, “With the maturing market for streaming, we believe that the winners will be the companies that can best help customers build thriving OTT businesses.
“Accedo is an ideal partner to create a joint venture with Magine, given their global reach, mature tech stack and headquarters in Stockholm, Sweden.”
The new entity will operate separately from the Accedo Group but utilise Accedo’s global network, resources, and reach as a key business partner and reseller of products and solutions.
