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:

Dolby announced a new product resulting from its acquisition of THEO Technologies in summer 2024. On November 26, 2024, THEO Technologies published an article discussing the popularity of cross-platform frameworks like React Native for simplifying OTT app development. Following the acquisition, Dolby introduced a new range of cloud video products and solutions for real-time interactive streaming, designed to offer broadcasters and sports organizations more interactive and personalized live experiences with low latency. These products and solutions support real-time interactive streaming. The announcement of these new products and solutions followed Dolby's acquisition of THEO Technologies.

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THEO Technologies offers 4 products in the media and telecoms services and media tech industries. THEO Technologies's product portfolio comprises of user experience and devices, video processing and playout and film and TV rights.
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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 spectator Sports, telecoms and pay TV services companies. Examples of THEO Technologies's customers include Swisscom, VOO and FIFA. THEO Technologies has partners like Agama Technologies. THEO Technologies has suppliers like V-Nova.

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