Saffron Digital (2011–2014)

A London video delivery company (OTT, DRM, UltraViolet), bought by HTC in February 2011 for £30 million for the HTC Watch service, the branded video store on HTC phones (Sensation and later). HTC Watch was shut down in 2013, Saffron continued serving third-party customers (Sky, Sony, EE), and in 2014 it was sold to Amdocs. One of a series of 2011 acquisitions (along with Dashwire for cloud sync, Zoodles for kids' apps, OnLive with a $40 million investment in cloud gaming, Abaxia and Inquisitive Minds) that HTC later wrote off.

Specifications

DealFebruary 2011, £30 million
ProductHTC Watch (video store, 2011–2013), OTT platform
CustomersSky, Sony, EE
Fatesold to Amdocs in 2014

Also in 2011

Section: Brands and Subsidiaries · Brands and companies: 2011