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Net Insight says bye to Sye in perfectly timed sale

From despair, to finding its niche, and quickly onto flying the nest, the last few years have been a rollercoaster journey for Net Insight’s Sye live streaming product. After reporting a remarkable spike in sales for the first nine months of 2019, Sye quickly attracted acquisition interest with the Swedish vendor this week agreeing a $37.2 million sale to an anonymous Fortune 500 buyer. In our view, Net Insight has sold Sye at the optimum time. Faultline has typically taken the stance that Net Insight has been ahead of the curve and this has been half the reason for a shortage of major contracts. Others have now caught up and people are no longer shy about investing in low latency…

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