Harris Broadcast completes Imagine acquisition
Michelle Clancy | 16-01-2014
Harris Broadcast has completed the acquisition of Imagine Communications, which provides digital adaptive bitrate (ABR) video platforms.
"TV everywhere is the future of our industry, and our customers are vigorously pursuing this path to expand their business models and improve the monetisation of content across any screen," said Charlie Vogt, CEO of Harris Broadcast. "The advanced ABR technology created by Imagine combines quality, density and a small footprint to greatly leapfrog anything else on the market today and improves transcoding economics up to a factor of 10 over competing alternatives. Our content creator and content distribution customers, including cable, MSO and telecommunications service providers, will benefit significantly from end-to-end portfolio integration that establishes a clear pathway to linear and non-linear viewing parity across every screen."
The acquisition enhances Harris Broadcast's goal for building a multiservice software defined network (SDN), integrating sales, scheduling, automation, playout and delivery throughout both linear and non-linear content distribution networks. It also brings advanced transcoding technology that runs in high density, low power commercial-off-the-shelf (COTS) and blade-server environments.
"In addition to fully supporting the existing Imagine ICE Broadcast System customers and penetrating this attractive global market opportunity, we will leverage the quality and innovation in both companies to build next generation solutions around ABR, cloud PVR and content delivery networks," said Steve Reynolds, CTO at Harris Broadcast. "Our combined portfolio today offers the most robust compression and processing solution in the industry. Imagine's advancements and transcoding expertise in high availability, IP-centric, Linux-based environments complements existing advancements underway at Harris Broadcast and opens the door to an array of development and integration opportunities."