EVS expands its portfolio with the acquisition of MOG Technologies

EVS has acquired MOG Technologies, based in Portugal, in a strategic move that enhances the Belgian company's portfolio with state-of-the-art file-based and software-defined video solutions.

In this way, EVS expands its live production ecosystem by expanding its File-based ingest and transcoding.

MOG Technologies' renowned expertise in cloud technology will reinforce EVS's balanced computing strategy, especially enhancing its cloud solutions. Content management and distribution, MediaCeption and MediaHubrespectively. The reinforcement of EVS's cloud-based services aligns perfectly with changing market expectations, ensuring that the company remains at the forefront of technological advancements in live and near-live production.

In addition, with a team of about 50 professionals based in Porto, the acquisition guarantees EVS access to a highly skilled talent pool, who bring deep expertise in digital media and video technology, beyond traditional broadcasting. This injection of talent will drive innovation in new directions and reinforce EVS's position as a pioneer in the sector.

The acquisition will provide an enhanced product offering with a broader, more integrated range of solutions to streamline media workflows from ingest to distribution, while also increasing investment capacity in research and development to drive technological advancements and deliver cutting-edge solutions.

On the other hand, it will enhance customer support and professional services to ensure seamless implementation and optimal use of the combined product portfolio.

Serge Van Herck, CEO of EVS, said: "We are delighted to welcome the MOG Technologies team to the EVS family. The integration of MOG Technologies is a logical step in EVS's transformation, which goes beyond products to offer end-to-end solutions and form a premium live production ecosystem where all live stories are produced, managed and distributed seamlessly."

"MOG Technologies' product portfolio not only complements the current EVS portfolio, but will also help quickly integrate software-defined ingest capabilities and introduce new transcoding capabilities, both on-prem and in the cloud, in line with EVS' Balanced Computing strategy. This solution is designed to meet the changing needs of our customers," he adds.

Luis Miguel Sampaio, CEO of MOG Technologies, adds that "joining forces with EVS is an important step for MOG Technologies. Our combined expertise will enable us to deliver unparalleled solutions to the media and broadcasting industry. We are excited about the opportunities this acquisition brings us and look forward to contributing to EVS's success."

MOG Technologies generates annual revenues of approximately €4 million. The acquisition represents a value, including an earn-out mechanism, of less than €5 million.