Gentilly, January 9th 2017 - Anevia, a global leader in OTT and IPTV software for the delivery of live TV and video-on-demand (VOD) is pleased to welcome a new shareholder in its capital. The French technology group VITEC has acquired 8% of its share capital by an over-the-counter transaction of a block of shares.
VITEC is a MPEG technology pioneer which has, from the beginning, based its strategic development on innovation. VITEC now enjoys a unique and internationally recognized position in the field of digital video technologies. It operates through all the value chain of video services from data acquisition to distribution and storage.
The company deploys its solutions to prestigious international clients in various sectors such as: sports with the Amway center Orlando's Magics Basketball team stadium's (FL, USA); Defense the Picatinny Arsenal US Army Development and Engineering Center based in New Jersey; Broadcast with NBC Universal channel and in transportation with Vancouver airport or New York City Transportation Service.
In 2016 and for the 4th time in a row VITEC was part of the TOP 100 global companies that matter in the online video industry according to Streaming Media magazine.
This operation confirms the relevance of ANEVIAs positioning and confidence in its strategic development by a company with deep expertise in its sector.
As a reminder, ANEVIA has implemented a major transformation lately, in terms of product offering solutions as well as cost restructuring including some changes in the organization. These actions have resulted in a return to growth and allowed ANEVIA to improve its profitability.
Philippe Wetzel, CEO and founder of VITEC, declares: We are very pleased to become a shareholder of Anevia, a renowned actor benefiting from a strong know-how in the field of OTT and IPTV. Like at VITEC, innovation has always been at the heart of Anevias development, enabling its teams to constantly offer the most advanced technologies in its sector. We hope to contribute in accelerating its development by offering our expertise and access to our network .
Laurent Lafarge, CEO of Anevia adds: I am very delighted to see VITEC joining Anevia's shareholders. This is a strong sign of the international recognition of Anevia technology. I am convinced that this first step will initiate a collaboration that should contribute to the future growth of Anevia, particularly in the Enterprise market segment, building on VITEC experience in many industrial sectors, notably sport, Education, medicine and transport .
About VITEC
VITEC is a leading worldwide end-to-end video streaming solutions provider for broadcast, military and government, enterprise, sports and entertainment venues, and houses of worship. Combining broadcasting with live streaming capabilities, VITEC's H.265 (HEVC) and H.264 offering is the most extensive in the market with encoding and decoding appliances, IPTV solutions for desktops and mobile devices, and PCI cards with SDK for integration projects. VITECs intuitive digital video solutions can be tailored to each customers unique market needs, delivering easy-to-use technology that ensures high-quality, low-latency HD video, capturing live and recorded events for seamless distribution in a multitude of formats anytime, anywhere, to any device.
Since 1988, VITEC has been a pioneer in the design and manufacture of hardware and software for video encoding, decoding, transcoding, recording, conversion, archiving, and streaming over IP. In keeping with the company's tradition of innovation, VITEC is the first company to bring bandwidth-efficient HEVC compression technology into the field with portable streaming appliances. www.vitec.com
About Anevia
Anevia is a global Leader in OTT and IPTV solution software for the delivery of live TV and video-on-demand. Anevia was founded in 2003 by the developers of the well-known VLC media-player, and has pioneered cloud DVR and multiscreen solutions. Anevia's mission is to provide innovative technologies enabling viewers to watch TV wherever, whenever and on every screen. Anevia software and solutions have been successfully adopted by TV broadcasters, tier 1/2 telecommunication service providers, and many private and public companies. Anevia is headquartered in France, with regional offices in the USA and Dubai.
www.anevia.com , the company is listed on the Alternext Paris NYSE Euronext
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Gentilly, January 9th 2017 - Anevia, a global leader in OTT and IPTV software for the delivery of live TV and video-on-demand (VOD) is pleased to welcome a new shareholder in its capital. The French technology group VITEC has acquired 8% of its share capital by an over-the-counter transaction of a block of shares.
