Net Insight has announced the acquisition of Aperi Corporation’s all-IP product portfolio as it looks to grow its core media networks business.
According to Net Insight, Aperi’s open, flexible and virtualised software architecture will complement and improve competitiveness of its existing media transport portfolio. As part of this transaction, eight Aperi engineers will join Net Insight to continue to drive development and support of the Aperi products.
Net Insight has spent $1.2 million in cash to acquire the full product portfolio, IPRs, brand and inventory from Aperi.
“By adding the Aperi products to our portfolio, we can strengthen our offering to a larger set of use cases for both existing and new customers,” said Crister Fritzson, incoming CEO at Net Insight (from April 2020). “This transaction is an important part of building the new Net Insight.”