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== MediaKind ==
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* Welcome to the sandbox! *
MediaKind (formerly known as Ericsson Media Solutions) is a multinational media technology company headquartered in Frisco, TX, (US). It was established in the year 2018. Earlier it was a part of Ericsson (Telefonaktiebolaget LM Ericsson), a Swedish multinational company. Ericsson divested its Media Solutions Business to private equity firm - One Equity Partners to form MediaKind <ref>https://devoncroft.com/2018/07/12/ericsson-media-solutions-rebrands-to-mediakind/</ref>
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== History ==
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On January 31, 2018, Ericsson announced the sale of 51% in its Media Solutions business to One Equity Partners - a private equity firm. One Equity Partners was spun out of JP Morgan Bank and has investments in industrial, healthcare, and technology sectors in North America and Europe <ref>https://www.broadbandtvnews.com/2018/01/31/ericsson-sells-media-services/</ref>. As previously stated, One Equity Partners became the majority owner, while Ericsson retained 49% ownership after the transaction on January 31, 2019<ref>https://www.broadbandtvnews.com/2018/01/31/ericsson-sells-media-services/</ref>. Ericsson had purchased the former Tandberg Television and Microsoft Mediaroom operating system that had been developed and rebranded as MediaFirst <ref>https://www.broadbandtvnews.com/2018/01/31/ericsson-sells-media-services/</ref>.

Revision as of 16:20, 19 December 2019

MediaKind

MediaKind (formerly known as Ericsson Media Solutions) is a multinational media technology company headquartered in Frisco, TX, (US). It was established in the year 2018. Earlier it was a part of Ericsson (Telefonaktiebolaget LM Ericsson), a Swedish multinational company. Ericsson divested its Media Solutions Business to private equity firm - One Equity Partners to form MediaKind [1]

History

On January 31, 2018, Ericsson announced the sale of 51% in its Media Solutions business to One Equity Partners - a private equity firm. One Equity Partners was spun out of JP Morgan Bank and has investments in industrial, healthcare, and technology sectors in North America and Europe [2]. As previously stated, One Equity Partners became the majority owner, while Ericsson retained 49% ownership after the transaction on January 31, 2019[3]. Ericsson had purchased the former Tandberg Television and Microsoft Mediaroom operating system that had been developed and rebranded as MediaFirst [4].