12.07.2007 12:00 AM
Network Electronics Acquires Video Products Group
Network Electronics, a Norwegian-based provider of optical-based video transport technology for broadcasters and the telecommunications industry, has announced that it is purchasing Video Products Group of Oxnard, Calif. Financial terms of the deal were not disclosed; the acquisition is expected to close in January 2008.

Video Products Group (VPG) provides professional video/audio transport systems for local and wide area networks worldwide. The company, which has 60 employees, counts NASA, British Telecom and NBC among its customers. Network Electronics said it expects the merger to help enhance its presence in the worldwide professional video and audio signal transport markets.

“The video market is presently undergoing rapid consolidation and convergence, and it is critically important that companies can choose video transport solutions that bridge the telco and broadcast worlds and maximize future flexibility,” said says Oddbjørn Bergem, CEO, Network Electronics. “By bringing together VPG’s technology and video transport expertise with Network Electronics proven solutions, we are able to create a best-in-class offering for video transport solutions. Moreover, VPG’s strong telco customer base, combined with Network Electronics extensive global market presence, adds significant momentum to Network Electronics with increased critical mass and greater opportunities for future growth.”

Network Electronics officials predict that the combined product portfolio will provide a single source of complete video transport systems for both telcos and broadcasters, allowing customers to build intra-facility networks and long distance contribution, production and content distribution networks over IP, SDH/SONET and CWDM and DWDM.


Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

D. Pagan Communications /   Friday 10:35 AM
Blue Line is Hot on the Trail of DPA Microphones
Clyne Media, Inc /   Thursday 09:51 PM
Focusrite Expands RedNet Range

 
Featured Articles
Discover TV Technology