Iliad-backed Play, a mobile network operator, completed the acquisition of a 92.5% stake in Redge Technologies, a provider of OTT technology across Central and Eastern Europe. Financial terms were not disclosed. “Joining the Play Group opens a new chapter in the company’s history and is consistent with our telecommunications DNA. For 15 years, we have supported telecom operators and broadcasters in their OTT services. The technology developed by us has become the foundation of several major deployments in the region. The cooperation with Play will yield – most of all – synergies in telecommunications and a great chance to further develop our CDN, but also other services based on edge computing. We want to keep on setting the trends and standards in the industry," Przemysław Frasunek, Redge CEO and Co-Founder.