Posts Tagged ‘Peter Forman’

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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