Imagine Communications has sold its live streaming and compression portfolio to new company, Antix Digital Inc.
The start-up is led by Tony Huang, the former head of product management for the same product family at Digital Rapids.
The deal with Imagine encompasses software-based compression, processing and streaming solutions, which Imagine originally acquired when it bought Digital Rapids in 2014.
The products will return to their original StreamZ product branding. Solutions making the transition to Antix Digital ownership include:
- The StreamZ Live family (previously re-branded by Imagine Communications as SelenioFlex Live) of multiscreen live/linear encoders for streaming and OTT applications
- The StreamZ Ingest (previously SelenioFlex Ingest) multi-format ingest and encoding platform for live-to-VoD and archive applications
- The StreamZ ONE (previously Selenio One) unified compression platform for traditional linear and multiscreen distribution.
Imagine will continue to sell the Antix-acquired products to their customers as a non-exclusive Antix reseller, while Antix will honour Imagine Communications’ existing customer support contracts for these solutions.
“Imagine Communications has been a great steward of the technology and solutions it acquired with Digital Rapids, but the ubiquity of multiscreen media consumption creates opportunities beyond Imagine’s core focus, from social media streaming to immersive, interactive training,” said Huang, president and CEO of Antix Digital. “Transitioning the product family to Antix lets each company focus on their strengths, primary markets and best opportunities. We are excited to kick-start a new era for these solutions while bringing their powerful benefits to new customers and applications.”
