US-based tech startup Vislink has acquired Dutch innovator Mobile Viewpoint at a valuation of $18.3M (€15.5M). The deal consists of a €14.8M stock purchase agreement and the assumption and payment of €700,000 in intercompany debt.
Mobile Viewpoint, a subsidiary of Triple IT Corporate B.V., is headquartered in the Netherlands, with offices in Dubai and Mexico City. It is an innovator in mobile live streaming solutions, including 5G & bonded cellular and AI-based technologies for news teams, TV production companies, outside broadcast facilities, and security and public safety agencies.
Acquisition: How will this benefit?
With this acquisition, the company plans to fulfill its strategic aim of providing an industry-leading portfolio of live video acquisition, contribution and distribution solutions that meet the demanding needs of media, enterprise, defense, and government organizations.
Mobile Viewpoint’s acquisition will provide Vislink with solutions that combine with Vislink’s existing solution set to make its Connected Edge video transport concept of utilising IP networks and cloud-scale compute across 5G, WiFi6, Mesh and COFDM-enabled networks a reality, the company said in a press note.
The Vislink and Mobile Viewpoint Connected Edge solutions will improve the IP networks to provide their customers low latency, high-capacity ultrafast live video transport that can utilize AI to automate workflows. With this acquisition, Vislink will have all the hardware and software solutions needed to acquire, produce, contribute, and deliver video over all private and public networks. These solutions include:
- Live video encoding, stream adaptation, decode and production solutions
- Remote production workflows
- Wireless cameras
- AI-driven automated production
- Ability to contribute video over:
- Bonded cellular (3G and 4G)
- Emerging networks, including 5G and Starlink
Mickey Miller, CEO of Vislink, says, “Mobile Viewpoint provides us with innovative technologies and solutions that, combined with Vislink’s capabilities, will enable our customers to acquire and deliver video over any preferred public or private network. This acquisition means that we can now make the most of these transformative live video trends and bring high-quality live production to events that were historically economically challenging to produce like amateur and semi-pro athletics.”
“Mobile Viewpoint also brings us very exciting AI-driven automated production and camera solutions, as well as a pioneering development team that has a history of being first to market with solutions that make a real difference, including support for multi-camera/REMI production, H.265, 5G and Starlink,” he added.
Vislink specialises in the collection, delivery, and management of high quality, live video and associated data from the scene of the action to the viewing screen. For broadcast markets, Vislink provides solutions for the collection of live news, sports, and entertainment events. Vislink also furnishes the surveillance and defense markets with real-time video intelligence solutions using a variety of tailored transmission products.
About Mobile Viewpoint
Netherlands-based Mobile Viewpoint is an innovator in mobile live streaming solutions for Outside Broadcast and surveillance solutions. With over 10 years of broadcast experience, it continues to innovate its WMT line of mobile encoders for live streaming over 4G and 5G. Its clientele includes BBC, Sky Sports, Eurovision, RTL Group, Discovery, Eurosport, NEP, Al-Arabiya, FC Ajax and the Premier League.