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Corporation
INTERNET | Internet Software & Services / Advertising, Sales & Marketing
piksel.com

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Founded Year

1998

Stage

Management Buyout | Alive

Total Raised

$65.6M

Mosaic Score

+300 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Piksel

Piksel, formerly KIT digital, helps the world's leading brands maximize their reach and return with video. Comprised of a global team of experts we call "televisionaries," Piksel has helped to design, build, and manage online video services for major media companies like AT&T, BSkyB, Mediaset, and Sky Deutschland, as well as enterprise brands like Airbus, Barnes & Noble, and Volkswagen.

Piksel Headquarter Location

1250 Broadway Suite 1902

New York, New York, 10001,

United States

646-553-4845

Latest Piksel News

Redcentric acquires Piksel Industry Solutions in a $13mn deal

Sep 30, 2021

September 30, 2021 LONDON, UK: Redcentric plc, a leading UK IT managed services provider, has acquired Piksel Industry Solutions Limited in a $13 million deal. Piksel Industry Solutions is a provider of IT modernisation and digital transformation services, focussing on public cloud. It also delivers security and IT managed services, and has a strong application development and DevOps capability. Based in York and London, Piksel IS has 93 employees, the majority of whom are highly skilled technical individuals. Its managed IT services are provided across a broad range of industry verticals, with a particular focus on Amazon Web Services and Microsoft Azure. This strategically important acquisition delivers on the Board’s stated strategy to assist growth through acquisitions. The Acquisition gives Redcentric leading-edge skills and capabilities in public cloud and security to enable it to immediately provide additional solutions to an enlarged customer base. The Acquisition is expected to be immediately earnings enhancing and the Board believes there is scope to deliver attractive revenue and profit growth over the medium term. The consideration for the Acquisition is US$13.0m (c.£9.5m) payable in cash of which US$12.0m (c£8.8m) is payable immediately with US$1.0m (c.£0.7m) being held in escrow for a period of 12 months. The consideration is payable out of the Redcentric’s existing cash resources. The Acquisition is effective from 1 August 2021 and, on a proforma basis, the acquired business is expected to generate annualised revenues of £10m and EBITDA of £0.4m. £0.4m of synergies will be realised within the first three months of ownership, with at least a further £0.7m of synergies expected to be realised over the following 12 months. As at 31 July 2021, Piksel IS had net assets of £2.2m including an assumed intra-group debtor of £3.1m which will be written off immediately post the acquisition and cash on the balance sheet of £0.3m. Peter Brotherton, Chief Executive Officer, Redcentric, commented: “This is an extremely exciting strategic acquisition for Redcentric and combines the secure, asset light, digital transformation capabilities of Piksel IS with the managed infrastructure, unified communications and connectivity solutions of Redcentric. We are delighted that the combined portfolio will accelerate the Redcentric group’s ability to deliver industry leading, transformative solutions to our customers and expands our capabilities in hyperscale public cloud and security.”  Paul Mardling, Managing Director, Piksel Industry Solutions, commented: “We are looking forward to being part of Redcentric. The combined expertise of Redcentric and Piksel IS will bring benefits to both our customers and people. We are now part of a successful larger group and that will help us capitalise on the growing and substantial market for advanced cloud services, networks and cyber security.” Redcentric PLC share price 29 Sep, 4:30 pm GMT+1 · Disclaimer

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Expert Collections containing Piksel

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Piksel is included in 1 Expert Collection, including ad tech.

a

ad tech

3,631 items

Piksel Patents

Piksel has filed 75 patents.

The 3 most popular patent topics include:

  • Video on demand services
  • Internet television
  • Social networking services
patents chart

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8/11/2016

9/21/2021

Social networking services, Recommender systems, Social information processing, Rotating disc computer storage media, Virtual communities

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Social networking services, Recommender systems, Social information processing, Rotating disc computer storage media, Virtual communities

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Piksel Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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