On Heels of Bloomberg Sports Deal, STATS Acquires The Sports Network
Just six months after acquiring Bloomberg Sports, global sports data and analytics provider STATS has acquired The Sports Network. Based in Philadelphia, The Sports Network develops and delivers sports data to a unique client base. The company says the acquisition will broaden the STATS product portfolio while helping to drive expansion in North America and beyond.
“The growing appetite for sports content, data and analytics continues to revolutionize the experience of sport in every arena for fans, teams and brands alike,” said Gary Walrath, CEO of STATS. “The combination of STATS and The Sports Network will expand our ability to meet the increasing demand for the creative use of sports data and analytics across different customer segments globally.”
“We look forward to joining STATS’ innovative and expansive product set, including SportVU, and making it available to a broader range of customers,” said Mickey Charles, president and CEO of The Sports Network.
With its acquisition of Bloomberg Sports in September 2014, STATS enhanced its predictive analytics platform by integrating a new wave of data-driven models for team and player performance. The Sports Network deal continues the acquisitions purge and, according to hte company, “strengthens STATS’ commitment to bring industry-leading technology to the broadest possible global audience, revolutionizing the way sport is viewed, understood, played, and enjoyed.”