Sony has announced the acquisition of virtualised media production solutions company Nevion.
Sony said the acquisition will further enhance its portfolio, providing end-to-end IP and Cloud-based production solutions for broadcasting and other applications. It also intends to deliver more integrated solutions.
Financial details of the deal have not been released. Sony, which has been a minority shareholder in Nevion since July 2019, is purchasing the remaining shares in the company, and making it a subsidiary.
“We are always listening to our customers’ feedback, pushing hard to deliver innovation that goes beyond their expectations. Through this investment, we will take the scope of IP-based remote production to the next level as one of our highly focused business fields”, said Mikio Kita, VP of media solutions, Sony Imaging Products and Solutions Inc. “As the Sony Group, we pursue technologies to achieve ‘Remote’, ‘Reality’ and ‘Real time’ solutions. With Nevion’s acclaimed expertise, we will deliver more integrated and optimal experience for our customers.”