Singapore, August 1st, 2023: ZEASN Technology Private Ltd, a leading provider of solutions and services for smart homes, announces the acquisition of Foxxum GmbH, a leading provider of innovative CTV solutions, and rlaxx TV GmbH, an international AVOD/FAST streaming service. With this strategic move, the strengths of all three companies are combined, positioning ZEASN as the leading independent provider of CTV operating systems (OS) and AVOD/FAST products in the market.
With an installed base of 85 million CTVs worldwide and an AVOD/FAST service accessible on 1.2 billion devices in 27 countries, the combined companies offer a powerful and extensive platform for content distribution and monetization of user engagement.
As part of the integration process, Whale OS 3 and Foxxum OS 4 operating systems will be merged into the new Whale OS 4. The creation of Whale OS 4 will lead to accelerated growth and aims to grow from the combined installed base to over 200 million within 3 to 5 years. Additionally, the acquisition of Foxxum significantly expands the app portfolio of Whale OS 4. Combined with ZEASN’s AI-enabled algorithms, data tracking tools, and personalized recommendations, Whale OS 4 intelligently curates content tailored to individual preferences. This empowers viewers to explore and enjoy new and exciting streaming options while enabling advertisers to effectively reach their desired audience.
The global streaming service, rlaxx TV, will be integrated with ZEASN’s streaming service, Whale Live, to create an even more captivating platform. The merged services will continue to operate under the name rlaxx TV, offering a wide variety of appealing content to viewers worldwide.
A key aspect adopted from Foxxum’s successful business model is the unique sharing of 80% of the monetization revenue of CTV operating systems with partners. This revenue-sharing approach will be incorporated by ZEASN and retained under the current name Mission 1 Joint Venture Alliance.
All Foxxum and rlaxx TV executives will remain on board, assuming leadership positions within the newly formed group. Their expertise and industry knowledge are invaluable in driving the company’s future growth and success. The current shareholders of both Foxxum and rlaxx TV assumed shareholder positions in the group, underscoring their confidence in the combined entities’ strategic direction and immense potential.
“We are delighted to welcome the talented teams from Foxxum and rlaxx TV to the global ZEASN family operating now in Europe, China, India, and North America to serve our customers globally,” says Jason He, CEO of ZEASN. “Their expertise and market position, combined with our existing capabilities, will propel us to new heights in the CTV industry. Together, we will redefine the CTV landscape, offer a compelling alternative, and deliver world-class experiences for viewers. This is a significant step in preparing our company for a future IPO.”
“The combination of three strong companies will accelerate our strategy to form the leading independent player that our customers have long demanded,” says Ronny Lutzi, CEO of Foxxum and rlaxx TV. “From day one, we are poised to swiftly outpace other independent players, surpassing them not merely in sheer installation numbers, but also through our industry expertise.With solid support from the global TV supply chain, we aim to position ourselves at eye level with industry giants like Google TV and Roku. I am extremely excited to merge our efforts with ZEASN. It feels like two parties have found the perfect match.”
The first public presentation will take place at IBC 2023 in Amsterdam from September 15th to 18th, 2023, where ZEASN, Foxxum, and rlaxx TV will showcase their joint vision, products, and solutions.
ABOUT ZEASN
ZEASN Technology Private Ltd, a global leader in smart home solutions, has revolutionized the industry since its establishment in January 2011. With their flagship product, Whale OS, ZEASN empowers over 65 million devices worldwide, captivating more than 180 million users. Smart TVs, smart projectors, smart displays, and other smart home entertainment devices equipped with Whale OS are available in over 200 countries, serving over 300 renowned brands.
ZEASN’s partnerships with top content providers like Netflix, YouTube, and Prime Video, along with esteemed ODM manufacturers such as TPV and TCL MOKA, ensure a vast library of global and local entertainment applications and content. Through close collaborations with leading chip manufacturers like Novatek and Amlogic, ZEASN remains at the forefront of technology.
By integrating AI technology and web3 technology, ZEASN has built an ecosystem centered around Whale OS, supported by the robust Whale Cloud services and smart devices. Collaborating with content service partners, technology providers, advertising service providers, and smart device manufacturers, ZEASN delivers exceptional home entertainment products to users worldwide. With a focus on safeguarding the future, incorporating a comprehensive trust mechanism, and promoting shared benefits, ZEASN is shaping the next generation of smart home experiences.
For more information about ZEASN and their innovative solutions, please visit www.zeasn.com.
ABOUT FOXXUM
Foxxum is a global leader in the development, operational, and commercial marketing sector for innovative smart TV solutions. As an established pioneer in this field, Foxxum works closely with leading companies at all global consumer electronics value chain stages to develop smart TV solutions – from silicon vendors to device manufacturers and network operators. Worldwide partnerships with premium broadcasters, video-on-demand services, producers, and distributors allow Foxxum to provide an industry-leading content portfolio containing the most important global content brands and country-specific local content providers. Foxxum’s development and platform expertise offers viewers the best possible brilliant TV user experience, with innovative smart TV technology, a global entertainment content portfolio, and an outstanding design. Foxxum provides its clients with highly innovative solutions, which include the possibility of jointly tapping into profitable revenue streams in a technology sector with enormous growth potential. For more information, please visit www.foxxum.com.
ABOUT RLAXX TV
rlaxx TV is an ad-financed and therefore free of charge streaming service where content is shown in linear theme-based channels of diverse content providers. Functions such as pause, restart, or watch later as well as the possibility to access an on-demand library are of course included. In this way, the app combines the relaxed experience of linear television with the flexibility of Video on Demand. rlaxx TV is like television – but different! rlaxx TV is currently available in the following 27 countries: Germany, Austria, Switzerland, UK, France, Netherlands, Denmark, Finland, Sweden, Norway, Belgium, Iceland, Luxembourg, Italy, Spain, Portugal, Poland, Turkey, Mexico, Brazil, Chile, Argentina, Colombia, Australia, New Zealand, South Africa and Kenia.
In addition to Amazon Fire TV, Apple TV, Roku, Xbox, iOS, iPadOS, Android, as a browser version and Android TV, rlaxx TV is also available on most smart TVs from the following manufacturers: Samsung, Panasonic, LG, Blaupunkt, Hisense, Hitachi, JVC, Medion, Metz, Sharp, Telefunken, Toshiba, Grundig and Vestel. The rlaxx TV app can be easily downloaded from the App Store on the Smart TV and directly streamed for free and without registration.
