Harris Broadcast completed its previously announced acquisition of Imagine Communications, a supplier of digital video solutions for content providers and system operators, for an undisclosed sum.
Harris Broadcast said the acquisition enhances its solutions portfolio as its builds the first true "MultiService SDN", integrating sales, scheduling, automation, playout and delivery throughout both linear and non-linear content distribution networks. It also brings advanced transcoding technology utilizing cutting edge software breakthroughs that run in high density, low power commercial-off-the-shelf (COTS) and blade-server environments, consistent with Harris Broadcast’s vision of software-centric, virtualized operations.
Imagine Communications supplies TV Everywhere transcoding that utilizes software running in a virtualized blade server environment. The solution combines video processing, Adaptive Bit Rate (ABR) transcoding and statistical multiplexing technology tp provide the bandwidth efficiency and density needed to meet the demand for TV Everywhere services.
“TV Everywhere is the future of our industry, and our customers are vigorously pursuing this path to expand their business models and improve the monetization of content across any screen,” said Charlie Vogt, CEO of Harris Broadcast. “The advanced Adaptive Bit Rate (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.”
- Imagine Communications was founded in 2005 and is based in San Diego.
- In Dec. 2012, Harris agreed to sell its Broadcast Communications business to an affiliate of The Gores Group $225 million.