Ro Video Drives IP Ecosystem with Acquisition of COVELOZ Technologies

Thursday, September 8th, 2016 [Amsterdam, the Netherlands] - Ross Video & COVELOZ Technologies jointly announced today the acquisition of COVELOZ by Ross Video. COVELOZ will continue to operate its business as usual, and now with the backing of a strong parent company.

COVELOZ is a technology company offering design services and firmware solutions to address the time-sensitive networking and processing of audio, video and control signals. It is a leader in the development of standards-based, programmable media networking solutions based on IEEE 1588 synchronization. Equipment vendors from various industries are either currently using, or plan to integrate COVELOZ solutions into their products to speed time-to-market and ensure compatibility.

In a continued effort to accelerate the transition of video workflow to an IP based infrastructure, COVELOZ will persist in its work with Altera, now a part of Intel, to bring studio video-over-IP applications to market. COVELOZ, as part of Ross Video, will continue to foster a technology ecosystem with Altera, enabling the rapid, cost-effective and broadly interoperable adoption of studio video-over-IP technologies across the world.

The time is now for COVELOZ to scale to meet the needs of the rapidly evolving deterministic networking markets, starting with audio/video applications, commented Nestor Amaya, President of COVELOZ. The acquisition by Ross gives us the wherewithal to pursue this exciting future and make media networking technology accessible to all corners of our target markets. We will continue to work with Ross competitors providing our IP technology to them as well. Ross is known for working well with others with openGear as a shining example. Wider accessibility to companies within the industry who lack IP knowledge will accelerate adoption and drive efficiencies of scale.

COVELOZ has some great core technology and an amazing vision for the IP future. As we've been working with their team implementing technology on our new platforms, we've been impressed, said David Ross. We're excited to have them as part of the Ross family of companies and look forward to COVELOZ continuing to focus on their media IP work.

COVELOZ will continue to offer its products and engineering design services to the Broadcast, Pro-A/V, Communications and Industrial markets, just as it always has. Now with the solid backing of a strong parent company, customers can be assured that COVELOZ is here to stay, and better than ever.

About COVELOZ

COVELOZ brings to market customizable solutions to address the time-sensitive networking of audio, video and control signals. Based in Ottawa, Canada, our team of 35 FPGA, software, and verification engineers develop programmable system-on-chip applications. Our mission is to clear-cut a differentiated product path for our customers with the world's easiest-to-use media networking technology solutions. http://coveloz.com/

About Ross Video

Passionate about live production, Ross Video designs, manufactures and delivers dependable technology and services that power exceptional live video productions seen by billions of viewers around the world every day. Ross Video's goal is to make it easy for customers to create compelling news, weather and sports broadcasts, engaging material for sports stadium screens, legislative assemblies, entertainment shows and rock concerts, and inspiring content for houses of worship.

Relentlessly innovating, Ross Video delivers the world's widest range of products and services for augmented reality and virtual sets, mobile live-event solutions, real-time motion graphics, cameras systems, robotics, social-media management, production switchers, routers, video servers, newsroom systems, signal processing and more.

Ross products and services are designed to offer the best system integration and unmatched customer choice by both working together seamlessly and integrating tightly with third-party solutions.

Ross Video has offices around the world, and provides outstanding, free-for-life telephone support staffed by technical experts 24 hours a day, 365 days a year-even for products bought on eBay. Ross employees are authorized to rent helicopters when necessary.

Ross Video: The Production Technology Experts.

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Ross Video Media Contact:

Sara Bell

Media Relations Specialist

t. (613) 652-3020

f. (613) 652-4425

e. sbell@rossvideo.com

Ross Video Media Contact - EMEA:

Stuart G. Russell

Marketing Manager, EMEA

t. 44 7827 019494

f. 1 613-652-4425

e. srussell@rossvideo.com

Ross Video Media Contact - Asia Pacific:

Vivian Yu

Marketing & Operations Manager, Asia Pacific

t. 65 9827 3531

f. 1 613-652-4425

e. vyu@rossvideo.com

LINK:	http://www.rossvideo.com/about-ross/press-releases/library/corporate/r...
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