WISI Group, a German provider of broadband reception and distribution technologies, has acquired the majority stake in Inca Networks, a Canadian provider of multiscreen video delivery solutions.
Following the strategic move of which financial details have not been disclosed, both companies now want to work together on the global development and delivery of linear IP video and over-the-top (OTT) multiscreen solutions, including project focus on HEVC video compression and transcoding, network DVR, confidence monitoring and personalised ad insertion.
“We are very pleased to announce this partnership with WISI,” Jeff Campbell, CEO of Inca Networks, said in Vancouver. “With WISI, we have found a partner with the history, scale and worldwide presence, to make Inca a truly global player in intelligent video delivery. This relationship will allow us to accelerate our growth, serve an increasingly diverse international client base and deliver comprehensive and innovative new solutions to our customers around the world.”
WISI will become the exclusive distributor for Inca’s video transcoding and multiscreen products in Europe, Asia, South America, Africa and the Middle East while Inca Networks will become the exclusive North American partner for WISI’s modular RF/IP platforms, Chameleon and Tangram as well as the Optopus FTTH product range.
“As the cable TV business evolves from RF to a more IP-centric model, this investment in Inca solidifies WISI’s position as a leader at the crossroads of next generation video,” said Axel Sihn, CEO of WISI Group. “The reception, processing and transmission capabilities of the WISI products, combined with Inca’s powerful VidiOS software and linear and multiscreen hardware will enable video operators to deploy complete systems to meet the demands of today’s highly mobile and technology-savvy video consumer.”
Inca products are now available globally via existing WISI sales channels. WISI products are now in field trials with a number of North American operators and are available via existing Inca sales channels.