Sunday, September 9, 2012

Nevion And T-VIPS To Come Together Forces

Nevion and T-VIPS , both Norway-based suppliers of IP-based video ride solutions for broadcasters voiced that they will join operations and product lines, tentative regulatory and shareholder approvals. The join up is structured as a money and shares transaction, nonetheless no expect financial sum of the treat were revealed.

The new administration group will right away add Geir Bryn-Jensen, one-time CEO of Nevion, who right away will lead the joint company. He is assimilated by comparison managers from both companies’ stream teams: Eugene Keane, Nils Fredriksen, Petter Kvaal Djupvik, Johnny Dolvik, Janne T. Morstøl and Arnhild Schia.

Johnny Dolvik, one-time CEO of T-VIPS, mentioned the amalgamated firm will have more resources and improved attain in to new markets whilst moreover permitting both product growth teams to "realize the common prophesy to figure the future of media ride right opposite the media worth chain."

Geir Bryn-Jensen, CEO of Nevion, said, "With the blast in universal media expenditure and the flourishing need for broadcasters and service providers to broach media calm rapidly on multi-part platforms, right away is the right time to distinction from the hurried change towards media networking over IP."

Nevion’s modular solutions ring IP and visual transport, state-of-the-art application and routing for any video format over any network infrastructure-within buildings or opposite continents.

Nevionis headquartered inSandefjord, Norway, withU.S. domicile in Oxnard, California,Nevionalso maintains offices in Oslo, Chicago, London, Dubai, Beijing and Singapore.

T-VIPS is located in Oslo and provides veteran video ride solutions that can add such TV services as 3D, HDTV, live events and local calm to mobile devices.

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