Broadcast content workflow company Vislink has bought Mobile Viewpoint, a mobile live streaming solution company, in a cash deal worth $18.3 million.
According to Vislink, the deal enables it to fulfil its strategic aim of providing an industry-leading portfolio of live video acquisition, contribution and distribution solutions.
The company added the deal will see it drive forward its planned Connected Edge solutions which will leverage IP networks to provide customers with low latency, high-capacity ultrafast live video transport that can utilise AI to automate workflows.
Mickey Miller, CEO of Vislink, said: “Mobile Viewpoint provides us with innovative technologies and solutions that, combined with Vislink’s capabilities, will enable our customers to acquire and deliver video over any preferred public or private network. This presents a tremendous growth opportunity for us as 5G and other new networks, along with machine learning, are about to revolutionise how video is produced and transported.
“This acquisition means that we can now make the most of these transformative live video trends and bring high-quality live production to events that were historically economically challenging to produce like amateur and semi-pro athletics. Mobile Viewpoint also brings us very exciting AI-driven automated production and camera solutions, as well as a pioneering development team that has a history of being first to market with solutions that make a real difference, including support for multi-camera/REMI production, H.265, 5G and Starlink.”