Dalet, a leading provider of solutions and services for broadcasters and content professionals,  announced that it has signed a definitive agreement to acquire the Ooyala Flex Media Platform business. The asset deal includes the Ooyala Flex Media Platform, as well as Ooyala personnel across sales, marketing, engineering, professional services, and support. The Ooyala Flex Media Platform, which is primarily sold as a subscription/SaaS offering, is a perfect solution for servicing OTT and digital media distribution workflows. The acquisition of these assets, personnel, and customers will expand the Dalet solutions offering to more verticals and tiers beyond its traditional customer base in News and Production workflows, and accelerate Dalet's strategic move to increase recurring revenue models, with a subscription/SaaS-based services offering.