EVS has announced the acquisition of broadcast and media network infrastructure specialist Axon, in a deal worth €10.5 million.
According to EVS, the acquisition will enable it to provide advanced IP processing, SDI/IP conversion, SDN-based control and monitoring, as well as UHD-4K and IP multiviewer.
“We’re extremely excited about the opportunities this acquisition will provide us and our customers over the coming months and years,” said EVS CEO Serge Van Herck. “Axon’s strong broadcast reputation and expertise, combined with our shared customer service-focused philosophy, make this marriage a perfect fit. It will enable us to deliver the most comprehensive media infrastructure solutions on the market.”
Axon CEO Michiel Van Duijvendijk added: “This deal offers a major growth opportunity for both businesses, bringing together two innovative and proven product portfolios to form a unique end-to-end offering. We’re looking forward to joining the EVS team and working together to provide our customers with all the tools they need to power their journey towards IP-based media production.”
The Axon brand will be absorbed into EVS over the coming weeks and its product portfolio will be integrated into EVS’ global solution offering. EVS said its objective is to integrate Axon team members and to further invest in their technology and market expertise.
