Ericsson has relaunched its Media Solutions business under the new name MediaKind. This follows an agreement in January to sell a majority stake in the business to One Equity Partners, according Telecompaper. The MediaKind brand will be carried forward when the transaction between One Equity Partners and Ericsson is completed, the company said.
MediaKind provides TV and video delivery technology for service providers, operators, content owners and broadcasters. The company serves over 900 customers around the world, including nine of the top ten global telecommunications companies, cable companies and satellite operators and eight of the top ten broadcast/media companies. MediaKind will continue to be led by Angel Ruiz as CEO, with Gowton Achaibar as COO and Head of R&D and Mark Russell as chief technology and strategy officer.
The company will present its new brand image and portfolio at the IBC show in Amsterdam in September.
