AJA Video Systems has entered an agreement to acquire live vide encoding and processing software provider, Comprimato. Unifying both development teams behind AJA’s BRIDGE LIVE range of IP streaming products, the deal aims to drive workflow efficiencies, providing users with enhanced monetisation opportunities and more, said the company.
Under the terms, AJA will acquire Comprimato’s product portfolio, including Live Transcoder for video encoding and decoding as well as the Twenty-One SMPTE ST 2110 encoding appliance, JPEG 2000 Codec SDK and Live Standards Conversion for flexible frame rate conversion.
Continuing as a separate brand as part of the AJA family, Comprimato will retain its European offices. Company CEO and co-founder Jiří Matela and the Comprimato leadership, development, and operations team will join AJA once the deal is closed.
“We’ve built Comprimato with a bold vision for the future of live encoding and media production – making broadcast-quality video processing more accessible, flexible, and powerful. AJA is the ideal partner to accelerate that vision,” said Matela. “AJA’s global reach, hardware expertise, and manufacturing capabilities combined with our software innovation is expected to enable our team to move faster and bring solutions to market that neither company could achieve alone. The latest agreement marks an exciting next chapter for our team and our customers.”
AJA’s Nick Rashby added, “Comprimato has proven to be a trusted, strategic AJA partner for years now, supporting us through the continued evolution of our BRIDGE LIVE line of IP video solutions. This agreement sets our R&D, support, sales, and manufacturing on track to become tightly intertwined, which will allow us to accelerate development of the BRIDGE LIVE and Comprimato lines. The synergies between our companies and technology are undeniable, and together, we’ll be able to address rapidly evolving customer needs faster than ever and break new ground in broadcast production.”
The terms of the deal have not been disclosed.
