Riedel Acquires Mediornet
, a German-based provider of comms systems for broadcast and production, has acquired Mediornet
, a developer of multimedia network technologies in Vienna, Austria. Financial terms were not released.
Mediornet has developed a real time routing network for transmitting audio, video, control and data over fiber-optic cable and has already been deployed in several projects.
“With Mediornet we have a new product, which ideally supplements our portfolio,” said Thomas Riedel, managing director of Riedel Communications GmbH. “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.”