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May 09, 2012

Synacor Acquires Carbyn, Will Offer New Products


Synacor (News - Alert) has acquired Carbyn and will be able to offer new products. Financial details of the transaction were not released.

With the deal, Synacor will offer a platform featuring HTML5 applications such as video, music, games and editorial content, according to a company statement.

"Through our acquisition of Carbyn, Synacor is extending our platform to more devices and more screens than ever before. Now our customers can build apps, and have their consumers enjoyed them across all connected devices," Ron Frankel, Synacor’s CEO, said in a statement carried on TMCnet. "Synacor is addressing our customer needs as their subscribers continue to use more connected devices in increasingly mobile ways and expect content to be accessible anywhere. In addition to laptop and desktop computers, we anticipate customer startpages, which offer email, news and TV Everywhere content, will appear on an even wider variety of connected devices.”

“The Carbyn acquisition is a tremendous opportunity for Synacor, our customers, and their consumers," Frankel added.

Carbyn is cloud-based. It can deliver applications and content as a single experience on any device, the company explains in the press release.

"Synacor is at the forefront of enabling apps and content across multiple screens, and we're filling the consumer demand for a compelling, seamless experience that transcends the brand name of the devices they carry," Jaafer Haidar, Carbyn co-founder and CEO (who was also named vice president of Mobile for Synacor), said in the press release. "This platform makes it much easier for consumer electronics manufacturers, OEMs and wireless carriers that up to now have had to rely upon a disconnected band of partners depending upon the device being a PC, tablet, TV or phone. With Carbyn and Synacor, the platform exists on all operating systems.”

“The net result,” Haidar adds is, “a beautiful consumer experience and more opportunity for service providers and app developers beyond Apple (News - Alert) and Google."

In addition, Synacor will use Carbyn's technology to provide services to broadband, cable, satellite, IPTV and consumer electronics firms. Synacor provides service to 21 million high-speed Internet households, offers over 81 million average monthly search queries, has 2.8 billion average monthly advertising impressions, and has some 75 content partnerships and some 45 customers, according to the company’s website.




Edited by Brooke Neuman






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