Float Left, Olympusat cancel merger

Following a trial period of six months Float Left and Olympusat have decided not to merge, the companies said.

Float Left and Olympusat will continue informal collaborations as opportunities are identified. This decision will allow each organization to remain focused on its core mission.

Float Left provides digital strategy consulting and award-winning cross-platform TV app solutions. Since 2009, it has launched over 250 TV Everywhere and OTT apps across more than 30 Connected TV and mobile platforms, working with customers including AMC Networks, Red Bull, Crackle, CBS Sports, and Viacom.

The company has offices in South Florida, New York City, and Los Angeles.

Olympusat, Inc. is an independent media company specializing in ownership, distribution, production and technical services. Olympusat´s networks include the top-rated Spanish-language movie channel Cine Mexicano and the popular Ultra HD Plex.

Olympusat has also recently launched VEMOX, a white label OTT TV Everywhere solution. VEMOX is a cost efficient and reliable B2B carrier-grade OTT platform, developed for operators in the US and Latin America, that combines technology and content (100 live channels and 5,000+ hours of VOD content in English and Spanish), creating an attractive and customizable OPEX based turnkey solution.