HD World Cup Drives 22 Percent Growth for ATEME During First Six Months of 2014

Posted by Joe Zaller
Jul 30 2014

Video compression specialist ATEME announced that its revenue for the first six months of 2014 was €12m, an increase of 22% versus the same period a year ago.

These are the first results published by ATEME as a public company, following its €13.3m initial public offering earlier this month.

The company attributed its revenue growth during the first half of 2014 to deals with customers in EMEA and Latin America, which facilitated HD broadcasts of the 2014 FIFA World Cup. The company also said it acquired several new clients during the period, including leading Mexican broadcaster Televisa.

ATEME also disclosed that, following the 2014 World Cup, it has expanded its team in Brazil to support new customers in the run up to the 2016 Olympics in Rio.

ATEME President Michel Artières said the company continues to gain market share and that it plans to capitalize on the eventual shift to HEVC compression drive future growth.

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Related Content: 

Press Release: ATEME Sustained growth in the first half of 2014: Turnover: 22%

Ateme raises €13.3m through Initial Public Offering

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