Home deals BAMTech valued at $3.75 billion following Disney deal

BAMTech valued at $3.75 billion following Disney deal

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Photo via Dawn Ashley on Flickr under the Creative Commons License

Tech Crunch reports: “BAMTech, the company that powers streaming for MLB, HBO, NHL, WWE, and now, Disney’s and ESPN’s upcoming streaming services, is valued at $3.75 billion following Disney’s new investment. This afternoon, Disney announced it would acquire an additional 42 percent stake in the streaming infrastructure provider for $1.58 billion. The company last year had invested $1 billion in BAMTech, giving it a minority stake (33%). Disney now owns 75 percent of the company that will power its shift into streaming.”

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