December 20, 2016

Opera TV is the global leader in enabling the TV and media industry's transition to over-the-top (OTT) content.

On December 20, Willkie client Moore Frères & Company announced that it has acquired a majority, controlling stake in Opera TV.

Opera TV is the leading independent developer of cloud and embedded software that enables the TV and media industry's transition to over-the-top (OTT) content, whereby video can be streamed directly to consumers' living rooms via the Internet, to devices such as Smart TVs, Blu-ray disc players, set-top boxes and video game consoles. Opera TV's software platform enables these connected devices to deliver a complete consumer experience that embraces OTT content. Opera TV's major customers include consumer electronics companies such as Sony, Samsung, TiVo, Verizon, and Sagemcom, and it serves customers across the globe in Asia, Europe, North America and South America.

Moore Frères & Company is a New York-based investment holding company focused on acquiring established companies across the global technology, media and telecommunications (TMT) sector. The acquisition is the first by Moore Frères, which launched in 2014.

The Willkie deal team was led by partner Mark Getachew and included partners Claire McDaid, Viktor Okasmaa and Eugene Chang; associates Erin Kinney, Joshua Begner, Philip Coletto, Mia Ellis and Andrea de Vos; and law clerk Alec Smith.