Devoncroft

On the first day of the NAB Show last week, Wohler Technologies announced that it had acquired transcoding vendor RadiantGrid.  Terms of the deal were not made public.

Wohler president & CEO Carl Dempsey said that RadiantGrid’s technology is complementary to Wohler’s and that the deal will help his company break into file-based processing.

The transcoding market is interesting since the technology is used to achieve interoperability between disparate file-based production systems, and to facilitate multi-platform content publishing and distribution.

There has been considerable M&A and financing activity in the transcoding space including:

• Envivio revived its plans for go public in a Goldman Sachs-led IPO
• Envivio closed a $16.5m funding round in January 2012, bringing the total raised to $95.1m
• PE firm Thoma Bravo bought out Telestream in December 2011
• Telestream bought fellow transcoding vendor Anystream in September 2011
• Cisco bought Inlet Technologies for $95m in February 2011
• Elemental Technologies closed a $7.5m fundraising round in 2010, bringing the total raised to more than $14m
• RGB Networks bought transcoding vendor Ripcode in 2010

The Wohler – RadiantGrid deal leaves AmberFin (backed by Advent Venture Partners) and Digital Rapids as the remaining stand-alone transcoding vendors. 

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 Related Content:

Press Release: Wohler Acquisition of RadiantGrid™ Paves Way for Expansion Into File-Based Media Processing and Delivery

Envivio Files for $85 Million Goldman Sachs Led IPO

Envivio Closes $16.5 Million Fundraising Round

More Broadcast Vendor M&A: Private Equity Firm Acquires Telestream

More Broadcast Vendor M&A — Telestream Purchase of Anystream Now Official

More Broadcast Vendor M&A: Cisco to Buy Inlet Technologies for $95m

Elemental Technologies: SEC Filing Disclosing 2010 Fundraising Round

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© Devoncroft Partners. All Rights Reserved.

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Tags: Advent Venture Partners, AmberFin, anystream, Carl Dempsey, Cisco, Digital Rapids, Envivio, Inlet Technologies, RadiantGrid, RGB Networks, Ripcode, Telestream, Thoma Bravo, Transcoding, Wohler
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