Eutelsat takes stake in V-Nova9 September 2016
Eutelsat and V-Nova used IBC to announce a commercial partnership. Eutelsat is taking a “minority” stake in V-Nova and its cornerstone product, the Perseus compression solution.
Eutelsat said the collaboration will be offered to jointly-defined pre-agreed markets and clients. Eutelsat will focus on satellite video transmission to broadcasters and TV platforms and where using Perseus will aid the transition from HD to Ultra HD.
Guido Meardi, CEO and co-founder of V-Nova, said: “Eighteen months after launch, we are excited by the prospects of our strategic partnership with a major industry player like Eutelsat.
The rapid transformation of the industry to HD for all, UHD, HDR and 360/VR immersive video services can only be supported by the combination of best-in-class video processing and Tier-1 data connectivity.
A Perseus-powered Eutelsat platform is perfectly placed to support operators and service providers in this inevitable transition.”
Julien Seligman, Eutelsat EVP/Global Video Services, said: “In partnering with V-Nova we are adding to our competence in the broadcasting chain and, specifically, we are increasing our technology advance by enriching the end-user experience for client broadcasters.”