Hauppauge, N.Y.-based MultiDyne Fiber Optic Solutions added another strategic layer to its growing business by acquiring Niagara Video Corp. The latter is a supplier of compression, streaming and IPTV solutions for the broadcast and commercial AV markets. The acquisition strengthens MultiDyne’s value proposition for software-defined video transport. Moreover, it positions the company as a full-service provider of hardware and software solutions for moving high-quality video over any distance or network architecture.
Black Pearl Management Group facilitated the acquisition process on behalf of both companies. That firm is, of course, owned and operated by broadcast industry veteran Bob McAlpine.
“The MultiDyne brand has long been associated with fiberoptics,” Frank Jachetta, CEO of MultiDyne, says. “But, as a company, we excel at processing and moving media.”
Niagara Acquisition is Additive
Jachetta states that the Niagara Video business adds “proven hardware and pure software solutions to our in-house hardware portfolio.” Thus, he adds, it will help the company proliferate media-transport opportunities for its customers. That includes moving media from server-based engines and over more diverse network topologies, while ensuring seamless interoperability with a mix of industry protocols (HEVC, HLS, RTMP, SRT and more).
“We have expanded beyond dark fiber to moving content across the internet in different ways,” Jachetta explains. He cites one example in particular: “How we can now reliably take video over the top (OTT), using open-protocol SRT transport for perfect video delivery. It’s about delivering broadcast-quality video over challenging networks for our customers.”
Jesse Foster, MultiDyne’s vice president of products, cites the growing esports market as a business strength of Niagara Video. Moreover, he says, Niagara is robust in AV business verticals, such as corporate and education. Thus, he says, this move will expand MultiDyne’s customer base. Foster also sees a natural expansion of its core broadcast and live-production business into the REMI production space, as well as an opportunity to offer complete solutions for worship facilities. Commercial Integrator