Announced
Completed
Financials
Tags
video service
Single Bidder
Private Equity
United States
Software
Completed
Acquisition
device software
Private
Friendly
Majority
Domestic
Synopsis
One Equity Partners-backed Orion Innovation, a global business and technology services firm that provides digital transformation and product development services, completed the acquisition of Zodiac Systems, a New York-based video service delivery software company. Financial terms were not disclosed. "Zodiac is a pioneer in the video service delivery space, with unique proprietary IP and deep engineering expertise to meet the increasing demand for next-generation telecommunications and media services around the world. Video is at the leading edge of the largest digital transformation opportunity. Zodiac gives us a true advantage in delivering exciting solutions to our rapidly growing telecommunications and media client base. We're thrilled to welcome Derek Harrar and the talented Zodiac team to Orion," Raj Patil, Orion CEO.
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