Haivision acquires CoolSign3 November 2010
Haivision has acquired the assets of CS Software Holdings, LLC, including the CoolSign product technology, as it makes a move into the digital signage space.
"Haivision recognizes the opportunity for converging video streaming, IPTV, interactive media, and digital signage," said Mirko Wicha, president and CEO of Haivision Network Video. "We are positioned as the only company that can deliver end-to-end technology solutions and a unified infrastructure for communications across all media delivery platforms."
"It became obvious that Haivision and CoolSign had a perfectly aligned vision," said Lou Giacalone Jr, CoolSign founder. "With our substantial combined technical resources and deep industry expertise under one roof, we can deliver truly disruptive capabilities to the market."
"Today, Haivision serves over five million players every day across many platforms," continued Wicha. "Haivision has grown at a compounded annual growth rate of over 40% for the past six years and has just closed off another record year. We continue to invest heavily in engineering and global expansion to deliver the best media solutions to the market."
Haivision is maintaining the excellent CoolSign brand under the Haivision umbrella and is planning strong cross product technical development to introduce Makito performance HD video encoding into the CoolSign solution suite and to extend the Furnace IP video system with the signage control capabilities of CoolSign.