Google is acquiring Anvato, a provider of video processing functionality for multi-platform content delivery. The acquisition was announced on the Google Cloud Platform blog by Belwadi Srikanth, Senior Product Manager. Terms of the acquisition were not disclosed.
According to SEC filings, Anvato had raised $2.8 million in late 2008. The Mountain View based company has several high-profile media clients including NBC Universal, Fox Sports, Univision, and Gray TV.
In the blog post announcing the acquisition, Mr. Srikanth cites the opportunity to participate in the media industry’s transition to over-the-top distribution models and the ongoing adoption of cloud solutions by media organizations. “With OTT adoption rapidly accelerating, the Cloud Platform and Anvato teams will complement our efforts to enable scalable media processing and workflows in the cloud” writes Mr. Srikanth.
The Media Solutions portion of the Google Cloud Platform website highlights case studies with UK visual effects studio Framestore, US visual effects studio Atomic Fiction, and live video service provider iStreamPlanet (now owned by Turner). There is overlap in the technology offerings of iStreamPlanet and Anvato, though any move by a cloud provider to offer higher level functionality will necessarily lead to overlap with existing customers.
Since its August 2014 acquisition of ZYNC Render, the Google Cloud Platform has been active in the post-production vertical. At the 2016 NAB Show, Autodesk and Google announced integration between ZYNC and Autodesk’s Maya, a software video effects tool for animation, modeling, and rendering. Maya users can offload rendering tasks, as needed, to the Google ZYNC Rendering service running on the Google Cloud Platform. ZYNC pricing is consumption based and begins at $0.60 per machine hour.
Interestingly, prior to its acquisition by Google, ZYNC had been optimized to run on Amazon Web Services.
Anvato’s CEO Alper Turgut posted a message about the acquisition on the Company’s blog. “We are thrilled to bring together Anvato with the scale and power of Google Cloud Platform to provide the industry’s best offering for OTT and mobile video. This will allow us to supercharge our capabilities, accelerate the pace of innovation, and deliver tomorrow’s video solutions faster, enabling media companies to better serve their customers” said Mr. Turgut.
Press Release: Anvato Joins Google
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