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Haivision completes Aviwest acquistion

Deal is believed to have cost around $23 million

Haivision’s acquisition of Aviwest has officially completed following its initial announcement in February. The deal is believed to have cost around $23 million.

According to Haivision, the acquisition means it will be able to provide customers with a “comprehensive video contribution solutions portfolio that now includes 5G transmission, mobile video contribution, and network bonding technology, addressing the growing demand for live, high-quality video content in broadcast, sports, and live event production”.

The combination of Haivision and Aviwest brings together the industry’s “most innovative, field-proven, and flexible solutions for video contribution over fixed and mobile networks,” added the company.

“The Aviwest acquisition is a defining milestone for Haivision and we are excited to add Aviwest’s impressive technology and deep domain expertise to Haivision’s product portfolio, helping us further deliver on our goal of developing innovative solutions to better serve our customers,” said Mirko Wicha, Haivision president and CEO.

“We couldn’t be more thrilled to welcome Aviwest to the Haivision family. With complementary technology and a shared vision, we are uniquely positioned to shape the future of video contribution.”