Harris Broadcast adquiere Imagine Communications

The purchase strengthens Harris' position in Over-the-Top (OTT) and TV Everywhere solutions.

Harris Broadcast has signed a definitive agreement to acquire Imagine Communications, a company specialized in digital video solutions. The transaction, subject to approvals and closing conditions, is expected to close in January 2014.

The acquisition will strengthen Harris Broadcast's end-to-end solutions portfolio, particularly enhancing its offerings in OTT, mobile video and multi-screen TV everywhere environments.

Charlie Vogt, CEO of Harris Broadcast, highlighted that many of our clients have been adding services for OTT and TV Everywhere, but they have had to do so with bifurcated systems for linear and non-linear services. This acquisition enables Harris Broadcast to take a leadership position in the OTT and TV Everywhere marketplace, while laying the foundation for true integration of sales, programming, playout automation and delivery across content distribution networks, both linear and non-linear. Additionally, through this acquisition, we will expand our R&D with innovation initiatives, strengthening our market position in ABR encoding, transcoding and bit rate adaptation.”