Imagine Communications Acquires Digital Rapids
Communications, the workflow portion of the former Harris Broadcast business,
is acquiring Digital Rapids, a media processor based in Markham, Ontario,
Canada. Terms of the deal were not disclosed.
The integration plan for the companies’ facilities and employee bases were not mentioned in the announcement. Imagine and its former Harris Broadcast sibling GatesAir, are exhibiting, in separate booths, at the show.
“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,” said Imagine CEO Charlie Vogt. 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.”
Imagines says the
acquisition creates a comprehensive portfolio of processing and compression
solutions for TV Everywhere. Digital Rapids’ software-based workflow
management, transcoding and encoding solutions will integrate with Imagine
Communications’ existing mezzanine quality origination encoding, adaptive
bitrate transcoding technology and content delivery network software to create
an end-to-end, TV Everywhere solution for optimized file-based and live video
stream distribution across a variety of platforms.