Posts Tagged ‘Haivision’

Haivision Says its Revenue Grew 47 Percent in 2011

Broadcast technology vendor financials, Broadcast Vendor M&A, Quarterly Results | Posted by Joe Zaller
Feb 17 2012

IP video specialist Haivision said in a press release that its 2011 revenue grew by 47% compared to 2010.

The company did not discuss what percentage of its growth has been organic versus through acquisitions such as its 2010 purchase of two companies — KulaByte and MontiVision, but it’s safe to assume that its M&A strategy played a significant role in the company’s success.

Haivision is privately held and did not disclose revenue numbers or any other financial metrics, such as profitability or operating margins, but at the time of the KulaByte and MontiVision announcement the company said it was “driving towards $50m in revenue.” The company also said it has achieved a 50% compounded annual growth rate over the past six years, and has had 16 straight quarters of positive EBITDA.

According to company president & CEO Mirko Wicha, Haivision’s growth has been funded internally rather than through outside capital.

“Haivision is successful due to a unique combination of market understanding, channel dedication, technology leadership, and fiscal diligence,” said Wicha. “As our recent acquisitions mature within our channels and we extend our strengths within the enterprise towards OTT and mobile solutions, Haivision is very well positioned to continue its growth across our focus segments.”

Haivision now has over 160 employees operating from offices in Montreal, Chicago, Beaverton, Austin, Hamburg, Dubai, and Hong Kong.


Related Content:

Press Release: Haivision Continues Record Growth in 2011 Leads IP Media Sector With New Technologies and Acquisitions

More Broadcast Vendor M&A: Haivision Acquires KulaByte and MontiVision; Forms Internet Media Division



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More Broadcast Vendor M&A: Haivision Acquires KulaByte and MontiVision; Forms Internet Media Division

Broadcast technology vendor financials, Broadcast Vendor M&A | Posted by Joe Zaller
Jul 21 2011

IP video distribution provider Haivision announced that it has acquired two companies –KulaByte Corporation of San Marcos, Texas, and MontiVision Imaging Technologies based in Germany.

Terms were not disclosed.

Haivision says that with the addition of KulaByte and MontiVision that it expects “to surpass revenues of $50 million next year.”

The technologies acquired in these transactions, which include encoding, transcoding, cloud computing, and workflow solutions, to form a new “Internet Media Division” within Haivision, which will be focused on developing technologies to deliver OTT media and to power enterprise social media networks.

Haivision named Chafye Nemri EVP of this new division and KulaByte’s CEO Peter Forman as Vice President of Internet Media,  responsible for developing the division’s cloud services.

KulaByte is a provider of live software-based encoding and transcoding technologies. Its cloud-based HyperStream product is designed to convert video sources into a variety of formats and data rates required to distribute live video via the Internet to multiple viewing platforms.

MontiVision, a partner in the creation development of KulaByte products, is a development company focused on delivering technologies for video acquisition, machine vision, surveillance, and medical imaging applications.


Related Content:

Press Release: Haivision Acquires KulaByte and MontiVision; Forms Internet Media Division



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