Haivision signs agreement to acquire AVIWEST
Haivision Systems Inc. (“Haivision”) (TSX: HAI), a leading global provider of mission-critical, real-time video streaming and networking solutions, today announced an agreement to acquire AVIWEST S.A.S. (“Aviwest”). With the addition of Aviwest, Haivision will have a comprehensive video contribution solution portfolio to address the growing demand for live, high-quality video content in broadcast, sports, and live event production.
This important acquisition by Haivision will combine two industry leaders in low latency video contribution. Haivision is a premier vendor for low latency “wired” broadcast video networks; Aviwest is a premier vendor for low latency wireless broadcast video networks. The acquisition will bring mobile networking (5G/4G cellular) and patented network bonding capabilities to Haivision’s solution portfolio. Combined with Aviwest, Haivision will be an unmatched provider of low latency broadcast technology solutions for any live event.
Founded in 2008, Aviwest is a world-leading provider of mobile IP-based video contribution systems and a pioneer in transmission of live video over cellular networks. The company has a history of innovation including many world firsts: portable cellular video transmission, live video transmission over a 4G network implementing QoS, and live 4K video transmission over a 5G network. Aviwest has also received two Emmy® Awards for its SST networking technology for reliable transmission of video over bonded networks.
Globally, hundreds of top broadcasters, television stations, and production houses trust and rely on Aviwest technology in their day-to-day coverage of sporting and other live events. Furthermore, Aviwest solutions are used extensively in support of major international sporting events. Headquartered in Rennes (Saint-Grégoire), France, Aviwest has more than 70 employees with field operations globally.
“With the addition of Aviwest, Haivision will now lead in both fixed and mobile networks in providing ultra-low latency video solutions,” said Mirko Wicha, Haivision President and CEO. “We are very excited to welcome the amazing team at Aviwest and its customers to the Haivision family, and to provide broadcasters globally a trusted and proven vendor to solve their video contribution challenges.”
“Together with Haivision, our solutions will bring customers maximum live video flexibility with ultra-low latency, highly reliable network connectivity, and pristine video quality,” said Ronan Poullaouec, CTO and Co-Founder of Aviwest. “With sub-200ms glass-to-glass latency over 5G networks, our solutions are revolutionizing remote production workflows by giving broadcasters more options for contributing real-time content for premium live events and sports coverage.” PR Newswire
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