NAB 2014: Imagine Communications acquires Digital Rapids

Written by Andy Stout

Another day, another merger

 Imagine Communications, itself recently created out of the old Harris Broadcast by venture capitalist owners The Gores Group, has just acquired Digital Rapids in an NAB that’s increasingly resembling a particularly turbulent episode of Game of Thrones.

 Here’s the statement:

“Imagine Communications is laser-focused on leading the industry to a future defined by IP, software, the cloud and TV Everywhere, with an architecture vision for delivering and monetising multiscreen content,” said Charlie Vogt, CEO of Imagine Communications. “We have made major investments in developing our TV Everywhere portfolio, MediaCentral platform, and MultiService SDN frameworks to deliver service-oriented, software-based architectures for our customers. The addition of Digital Rapids’ advancements in software-based workflow management and transcoding strategically complements our pillars of innovation and rounds out our capabilities. Additionally, their expert team, which is based just miles from our Development Center in Toronto, brings a rich history in pioneering software solutions for high-end media processing applications that strengthens our TV Everywhere business and company.”
 
The ides is that Digital Rapids’ software-based workflow management, transcoding and encoding solutions will integrate with Imagine Communications’ existing mezzanine quality origination encoding, adaptive bit rate (ABR) transcoding technology and content delivery network software to create an end-to-end, TV Everywhere solution for optimised file-based and live video stream distribution across a variety of platforms. 
  

 

Tags: Business

Comments

Related Articles

9 April, 2020

Covid-19: This is a watershed moment for the virtual box office

Disney's Mulan has been delayed, but other releases may go straight to the home via streaming services such as Amazon Prime.

Quarantine has...

Read Story

7 April, 2020

Sony announces $100 million Global Relief Fund to help the creative community

As the global pandemic COVID-19 sees nearly everyone around the world 'sheltering in place’. One of the hardest-hit industries is film, TV and...

Read Story

26 March, 2020

NAB NY is looking good, but faces challenges [Opinion]

Late last week journalists received an update from NAB President and CEO Gordon Smith regarding NAB 2020 and forward. But what do these...

Read Story