
AJA Video Systems has announced an agreement to acquire Comprimato, a live video encoding and processing software company. The deal will unite the two companies' development teams behind AJA's BRIDGE LIVE family of IP streaming products. Terms of the deal were not disclosed.
As part of the acquisition, AJA will acquire Comprimato's software portfolio, including Live Transcoder for video encoding and transcoding, Live Standards Conversion for frame rate conversion, the Twenty-One SMPTE ST 2110 encoding appliance, and the JPEG 2000 Codec SDK.
Comprimato CEO and Co-founder Ji Matela and the full Comprimato team will join AJA upon closing. Comprimato will continue to operate as a separate brand under AJA and retain its European offices. Existing sales structures, customer support, and currently shipping products will not be affected.
Comprimato has proven to be a trusted, strategic AJA partner for years now, supporting us through the continued evolution of our BRIDGE LIVE line of IP video solutions. This agreement sets our R&D, support, sales, and manufacturing on track to become tightly intertwined, which will allow us to accelerate development of the BRIDGE LIVE and Comprimato lines, says Nick Rashby, President, AJA Video Systems. The synergies between our companies and technology are undeniable, and together, we'll be able to address rapidly evolving customer needs faster than ever and break new ground in broadcast production.
We've built Comprimato with a bold vision for the future of live encoding and media production making broadcast-quality video processing more accessible, flexible, and powerful. AJA is the ideal partner to accelerate that vision, says Ji Matela, CEO and Co-founder, Comprimato. AJA's global reach, hardware expertise, and manufacturing capabilities combined with our software innovation is expected to enable our team to move faster and bring solutions to market that neither company could achieve alone. The latest agreement marks an exciting next chapter for our team and our customers.
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