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PERFORM Proposes £40m Acquisition Of Opta

Wed 3rd Jul 2013 | IT & Technology

Acquisition would create a leading player in the provision of sports data to the media and bookmaker sectors.

Digital sports media group PERFORM today announces the proposed acquisition of sports data company Opta for c. £40m. 

The acquisition, which is conditional upon a successful fundraising, would complement PERFORM’s existing content distribution business and strengthen the company’s position in the provision of sports content to the media and betting sectors as well as enhance PERFORM’s direct to consumer products such as Goal.

Opta is a market leader in collecting, packaging, analysing and distributing sports data in digital format to the media, betting and professional sports sectors. It has been at the forefront of the development of the global market for highly detailed performance data, securing long term rights agreements with the Barclays Premier League, German Bundesliga, The ERC and the England and Wales Cricket Board, amongst others.

The proposed acquisition would strengthen both PERFORM and Opta’s position in key European markets and would enhance PERFORM’s current portfolio of sports content solutions. Opta would also enable PERFORM to maximise the significant consumer opportunity in rich data by integrating Opta’s suite of products into PERFORM’s direct to consumer platforms, including leading global football site Goal.

Posted by: Aaron Gourley

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