THEO Technologies, a privately owned Belgian company founded in 2012, provides video player technology for streaming services. Employing approximately 70 people, the company serves hundreds of clients in the pay TV, broadcast, and over-the-top (OTT) streaming sectors. In 2020, it secured €9.3 million in external investment to support its growth. As of 2023, its annual revenue was less than $10 million. Dolby.io is a parent company.

2023 Revenue

Founded

2012

Headcount

62

Headquarters

Belgium

Primary Segment

User experience and devices

Ownership

Privately Owned

Deployments

8

News Summary:

On November 26, 2024, a discussion of cross-platform frameworks, such as React Native, and their use in simplifying OTT app development was published. In summer 2024, Dolby acquired THEO Technologies. Dolby subsequently announced a new product resulting from this acquisition, intended to enhance the Dolby.io streaming platform. Following the acquisition, Dolby also unveiled a new range of cloud video products and solutions supporting real-time interactive streaming, aiming to provide broadcasters and sports organizations with more interactive, personalized, and low-latency live experiences. A six-month testing project concluded that THEOplayer is the most suitable commercial video player for ITVX, excelling in third-party integrations, Smart TV compatibility, and technical and business support.
THEO Technologies offers 4 products in the media tech and media and telecoms services industries. THEO Technologies's product portfolio comprises of user experience and devices, film and TV rights and video processing and playout.
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THEO Technologies's revenues were less than $10M in 2023. Caretta Research has split THEO Technologies's revenue into 4 different product categories, the largest of which is video player. For full access to THEO Technologies's revenue breakdown subscribe to Caretta Portal.
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THEO Technologies's customers primarily consist of telecoms services and spectator Sports companies. Examples of THEO Technologies's customers include FIFA, VOO and Swisscom Switzerland. THEO Technologies has partners like Agama Technologies. THEO Technologies has suppliers like V-Nova.

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