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LONDON, Oct. 09, 2018 (GLOBE NEWSWIRE) -- NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of SIS LIVE Limited, a leading provider of connectivity services and a subsidiary of UK-based Sports Information Services (“SIS”). The acquisition complements NEP’s Broadcast Services and Media Solutions businesses, strengthening the company’s support of live sports, broadcast and entertainment clients across the UK, Europe and worldwide. The addition is also consistent with NEP’s stated strategy to grow its Media Solutions segment, and connectivity capabilities are critical to NEP delivering a full suite of managed services that enable NEP’s clients to make, manage and show the world their content.
“We are excited to bring the wealth of knowledge of SIS LIVE’s leadership team and the company’s talented staff into the NEP Worldwide Network,” said Stephen Jenkins, President of NEP UK & Ireland. “With SIS LIVE, NEP will be able to offer additional and enhanced connectivity capabilities critical to delivering the best managed service and solutions to our clients. And, it’s a great fit culturally for both of our companies. A win for clients and our teams all around.”
Following a short transition period, SIS LIVE will become NEP Connect, which will serve clients globally as part of the NEP Worldwide Network and go to market under the NEP brand. SIS LIVE’s current leadership team will continue to run the business under the direction of David Meynell, Managing Director, who will report into the NEP UK & Ireland division.
“We have worked with NEP for a number of years and have been impressed by their technical innovation and consistent, superior service to their clients,” said David Meynell, Managing Director of SIS LIVE. “I’m extremely proud of all we’ve accomplished at SIS LIVE and pleased that combining talents and resources with a company like NEP will take our business to the next level.”
SIS CEO Richard Ames added: “It was immediately apparent during the sale process that NEP Group has significant opportunity to grow its Media Solutions segment, and SIS LIVE has the infrastructure, people and services that support that strategic objective. We look forward to continuing to work with SIS LIVE as a long-term supply partner.”
To learn more about NEP and its solutions, visit https://www.nepgroup.com. To learn more about SIS LIVE’s connectivity services, visit https://www.sislive.tv.
For over 30 years, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. Our services include remote production, studio production, audio visual solutions, host broadcast support, premium playout, post production and innovative software-based media management solutions. NEP’s 3,500+ employees are driven by a passion for superior service and a focus on technical innovation. Together, we have supported productions in 87 countries on all seven continents.
NEP is headquartered in the United States and has operations in 24 countries, including significant operations in the UK and Ireland. Learn more at nepgroup.com.
About SIS LIVE
SIS LIVE has been delivering critical media content since 1989. The company’s rapidly growing international fibre network, Anylive® connects over 150 locations including broadcasters, major switching centres, channel aggregators, sports and entertainment venues. SIS LIVE operates two Network Operation Centres located in the UK, collocated with SIS LIVE teleports which supply extensive satellite facilities to complete the connectivity offering. The company provides a full range of broadcast services from UHD to low bit rate streaming with data and audio transmission services also available. This comprehensive fibre and satellite infrastructure forms a cohesive and robust portfolio, broadcasting over 200 hours of live transmissions worldwide every day supporting multiple contracted and occasional use events.
CONTACT: Susan MatisNEP Group+1 [email protected] BurnsNEP UK+44 1344 [email protected]