With over 4.2 million unique views of its content, Freecaster is a leader in video production and on-demand, live streaming. Its portfolio of clients includes luxury names like LVMH (Moët Hennessy Louis Vuitton), music festivals such as Tomorrowland, and international institutions.
Through the acquisition, Luxembourg-based BCE aims to strengthen its own capabilities in these core competencies.
“At BCE we have already developed advanced online video solutions for the market,” BCE CEO Frédéric Lemaire said in the statement. “These will be complemented by the know-how and recent developments of Freecaster which allow us to strengthen our offers and accelerate the development of our non-linear portfolio.”
Based in Kirchberg at RTL City, BCE is a European leader in media services, system integration and software development, serving over 400 clients. It employs over 200 people.