Net Insight will be an exhibitor at the 2020 NAB Show this April, and as part of its strategy to grow the core Media Networks business, the company has just acquired Aperi Corporation’s innovative product portfolio. The acquisition will complement and strengthen Net Insight’s media offering.
Over the last few years, the Aperi products have been deployed at some Tier1 customers globally. The acquisition of Aperi’s all-IP product portfolio, built on an open, flexible and virtualized software architecture will complement and improve the competitiveness of Net Insight’s existing media transport portfolio. As part of this transaction, eight Aperi engineers will join Net Insight to continue drive development and support of the Aperi products.
This acquisition supports Net Insight’s growth strategy of increased focus and investment in the core Media Networks business area. Net Insight has lately launched new products for internet-based transport (Nimbra 400) and cloud-based transport (Nimbra Edge). Key components of the growth strategy also include accelerated Nimbra product development and a commitment to offer open standards Nimbra products to the market.
“By adding the Aperi products to our portfolio, we can strengthen our offering to a larger set of use cases for both existing and new customers,” says Crister Fritzson, incoming CEO at Net Insight (from April 2020), “This transaction is an important part of building the new Net Insight.” “We share the Aperi product vision of an open and virtualized software architecture and are excited to welcome the team of skilled engineers to Net Insight and to continue supporting existing and new Aperi customers,” says Ulrik Rohne, VP Media Networks at Net Insight.
With this transaction, effective immediately, Net Insight acquires the full product portfolio, IPRs, brand, and inventory from Aperi Corporation for USD 1.2 million in cash. The estimated impact on Net Insight operating earnings for 2020 is limited.
About Net Insight
Net Insight is a global leader in media networks and resource optimization. With more than 20 years’ experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.
Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors, and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.
For more information, visit www.nabshow.com/2020.