Audinate, developer of the industry-leading Dante media networking technology, has signed an agreement to acquire the video business of Silex Insight SA (“Silex”), based in Belgium. The Silex video business produces video networking products for manufacturers of AV equipment.
The acquisition includes a range of AV-over-IP products, including IP Cores, the VIPER Board, Video ASSP and Design Services, as well as three Silex implementations of video codecs: Colibri, JPEG 2000 and VC-2 HQ. Audinate will also acquire a team of 8 engineers with extensive video implementation expertise and remains committed to supporting the existing Silex products and customers.
The acquisition of the Silex video business will allow Audinate to accelerate its strategic vision for integrated audio and video over IP and will add breadth and depth to its AV-over-IP product line up. In addition, the transaction will increase video FPGA expertise within the company, and cement critical mass for its video engineering team in Europe.
“Since the development of our first Dante AV product we have been committed to bringing the simplicity and interoperability of Dante to the video-over-IP market,” states Audinate co-founder and CEO Aidan Williams. “With this acquisition, we are doubling down on that strategy. The video codecs and deep product expertise in the team, in combination with our Dante networking technology, will enable us to go to market with a variety of full-service video offerings.”