Exciting Exit: Dailymotion Acquires Swiss Start-up Jilion10.12.2013 14:46
Dailymotion announced today the acquisition of Jilion, the Lausanne based development team behind cutting edge HTML5 video technology, SublimeVideo. This technology and talent acquisition will help Dailymotion take the lead in video experience across multiple platforms. Dailymotion.com is one of the most popular websites worldwide.
Dailymotion has 120 million unique visitors generating over 2.5 billion video views every month according to comScore (August, 2013). It is ranked the 35th most visited website in the world. Cedric Tournay, CEO of Dailymotion comments on the acquisition: "The player is at the heart of our video distribution platform - it is key for us to offer the best experience on the market, and Jilion with its SublimeVideo engine is by far the best solution out there. "The Jilion team will further help us connect users, content producers and advertisers on an unprecedented viewing experience on desktop, mobile, tablets and TV."
All the Dailymotion partners, including content producers, publishers and advertisers will be able to take full advantage of the augmented capabilities from SublimeVideo, including new customization options, enhanced playback features and increased social integration.
"Joining forces with Dailymotion is a tremendous opportunity for our team. We could not be more excited about sharing our technology with such a high-profile company and for the benefit of over 200 million unique users!" said Zeno Crivelli and Mehdi Jacques Aminian, co-founders of Jilion.
On their blog the two founders published an additional comment: “Since SublimeVideo started by accident, almost 4 years ago, we’ve been approached a number of times for acquisition. Today, we are very happy to join Dailymotion, as they really came with the best vision and proposal to leverage our unique technology and propel it to the next level.
Morevover, while Dailymotion is the 2nd biggest video platform in the world, and 35th global Web site with a huge audience of around 200 million unique users per month, we are amazed at how much it sports a strong startup spirit. We’ve also been very impressed by their team and all the individuals we met during the due diligence process, from our new team mates in the development group through to the top levels of the company. Needless to say, all this was a key factor in our decision to join them.
Dailymotion has 120 million unique visitors generating over 2.5 billion video views every month according to comScore (August, 2013). It is ranked the 35th most visited website in the world. Dailymotion provides HD video in a fast, easy-to-use online service. Dailymotion is available around the world in 16 different languages and 34 localised versions featuring local home pages and local content.
About Jilion and SublimeVideo
Jilion, founded in 2009, is a Swiss start-up based at the EPFL Innovation Park in Lausanne. SublimeVideo started in 2010 as the world's first cloud-based HTML5 Video player; a pioneering solution that provides Web publishers with a fast, pain-free way to truly embrace and enable HTML5 and allows their videos to play flawlessly on any device, browser and web page.
Today, SublimeVideo Framework, the world’s first HTML5 Video Player Framework, goes a giant leap beyond existing HTML5 Video player implementations, by solving two big HTML5 Video challenges for the very first time: Providing brands and web publishers with both total graphic freedom and complete features modularity, that just work, with pixel-perfect rendering, on any web browser and the latest mobile platforms.