Synacor Acquires Teknision

BUFFALO, N.Y. -- Synacor Inc.SYNC +15.29% , the leading provider of next-gen start pages, award-winning TV Everywhere solutions and cloud-based Identity Management (IDM) services, across multiple devices for cable, satellite, telecom and consumer electronics companies in the U.S. and abroad, today announced it has acquired Android development platform company, Teknision. Synacor and Teknision together will enable customers to deliver transformative consumer experiences across Android devices, a step toward Synacor's vision of consumers accessing all media from one place, on any device.

Bringing Teknision's capabilities into Synacor extends Synacor's presence in mobile and provides a platform for developing custom Android launchers and intelligent homescreens for mobile and consumer electronics companies. Synacor can now offer device manufacturers a customizable platform as a service (PaaS) that facilitates personalized and curated online experiences for end-users.

Android has emerged as the preferred platform for major mobile and consumer electronics players, with a reported 1 billion Android activations to date, primarily due to its highly customizable and open framework. Synacor is capitalizing on Android's popularity and the potential it provides for end-users who want dynamic, custom consumer touchpoints like launchers, widgets and lockscreens to access their favorite TV shows, movies, apps, services and tools.

Synacor Inc.