Fabric and Xytech Systems Announce Strategic Merger Backed by Banneker Partners

August 29, 2024

Fabric and Xytech Systems have merged to create an integrated media resource and metadata management platform, led by Fabric CEO Rob Delf with Xytech CEO John O'Connor becoming COO. The transaction is supported by investor Banneker Partners and aims to combine Fabric's metadata and supply chain capabilities with Xytech's resource management tools to deliver greater automation, operational efficiency, and faster content distribution for media organizations.

Buyers
Fabric, Banneker Partners
Targets
Fabric, Xytech Systems
Location
California, United States
Transaction Type
Growth capital

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