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Imagine comm buys rgb networks

Acquisition enhances imagine communications’ end-to-end video distribution capability with dynamic ad insertion, just-in-time packaging and cloud dvr technology

Imagine Communications, a market leader in advertising management and video infrastructure solutions serving global TV networks, broadcast stations, multichannel video programming distributors, governments and enterprise markets, recently announced it has signed a definitive agreement to acquire the    assets of RGB Networks, Inc., a leading provider of multi-screen video delivery solutions based in Sunnyvale, California. The transaction, subject to customary approvals and closing conditions, will include the majority of RGB Networks’ employees.The acquired assets will be integrated into the Imagine Communications advertising management and video infrastructure portfolio. RGB Networks provides IP cloud-based video delivery solutions that help enable media providers to streamline and monetize TV Everywhere and OTT services with reliability and scalability. With core technology strengths in video packaging, cloud DVR,  and ad insertion, RGB Networks’ products are deployed in over 400 communication service providers worldwide. RGB Networks’ technology enhances Imagine Communications’ end-to-end video playout and distribution portfolio, extending the   capabilities of the most comprehensive and widely deployed TV Everywhere and video processing and compression solutions available. “As the industry’s leading video solutions company in the world, Imagine Communications is defining the blueprint for an IP, software-defined, cloud-virtualised, multi-screen   future,” said Charlie Vogt, CEO of Imagine Communications. “Our customers require video solutions that enable content to be delivered anywhere, anytime, and on any device. The acquisition of RGB Networks enables us to strategically navigate the convergence of IP, mobility, and the Internet, which has changed the way we consume entertainment and information.”

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