Newly formed startup, Antix Digital, has acquired Imagine Communications’ live streaming and compression portfolio, with the company focusing on the development of solutions while taking over service and support for existing customers and systems from Imagine Communications.
The acquisition encompasses software-based compression, processing and streaming solutions that allow media organisations to engage with audiences across delivery platforms, including mobile and OTT services as well as linear broadcast and cable channels.
Tony Huang, president and CEO, Antix Digital, commented: “Imagine Communications has been a great steward of the technology and solutions it acquired with Digital Rapids, but the ubiquity of multiscreen media consumption creates opportunities beyond Imagine’s core focus, from social media streaming to immersive, interactive training.
“Transitioning the product family to Antix lets each company focus on their strengths, primary markets and best opportunities. We are excited to kick-start a new era for these solutions while bringing their powerful benefits to new customers and applications.”