Riedel Communications, German manufacturer and supplier of communication systems for the broadcast, theatre and event industries, has taken over Austrian multimedia network specialist Mediornet, writes Fergal Ringrose.
Mediornet has developed a realtime routing network for the transmission of audio, video, control and data over fibre optic cable. The product is already successfully utilised in first projects and seems to have been the main reason for the takeover.
"With Mediornet we have a new product, which ideally supplements our portfolio. The acquisition strengthens our development expertise in the field optical video and multimedia networks. We really look forward to lead the Mediornet products to success", said Thomas Riedel, managing director of Riedel Communications GmbH. All parties have apparently agreed upon silence about the purchase price.