We have big news! CineMassive is about to embark on a new chapter in its history. Haivision, a leading global provider of mission-critical, real-time video streaming and networking solutions, has announced a definitive agreement to acquire CineMassive. In this post, we are sharing more information about this exciting news.
Who is Haivision?
Haivision is a leading provider of mission-critical, real-time video streaming and networking solutions. Its connected cloud and intelligent edge technologies enable global organizations to engage audiences, enhance collaboration, and support decision making. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia.
With a mission of providing high quality, low latency, secure, and reliable live video at a global scale, the company develops a broad range of encoding, transcoding, routing, delivery and management technology for live IP video. Furthermore, Haivision has garnered wide industry recognition for open sourcing its award-winning SRT low latency video streaming protocol and founding the SRT Alliance to support its adoption.
For this work, Haivision was awarded an Emmy® for Technology and Engineering from the National Academy of Television Arts and Sciences and continues to fuel the future of IP video transformation.
What Does this News Mean for Customers?
In the near term, CineMassive will continue to operate as a wholly-owned subsidiary. In the long term, CineMassive partners and customers will benefit from the expanded capabilities of the combined companies.
The CineMassive solutions are a natural extension of Haivision’s industry leading, high performance video networks for the defense, government, and enterprise markets. This acquisition means that Haivision will further extend its capabilities to enable the delivery of real-time, mission-critical collaboration solutions for emergency response in the defense, government, and enterprise markets. Always at the forefront of innovation, Haivision’s top priority has always been helping its customers address their most challenging video problems, and together, we are embarking on an exciting journey that accelerates our mission to help more people than ever.
As Mirko Wicha, President and CEO, Haivision explains, “Cybersecurity, network, and physical threats are today’s reality that governments and large enterprises are now addressing with global multi-disciplinary teams. With the combination of Haivision and CineMassive technologies, customers can now create a secure global common operating picture from a single vendor leveraging both cloud connectivity and intelligent edge capabilities.”
David Minnix, Co-Founder and CEO, CineMassive describes the synergies between the two companies: “We have worked with Haivision for over ten years and our companies share many common themes. Our approach to real-time performance, security, and IT compliance in solving mission-critical challenges of the highest order is echoed by Haivision and is reflected in the longstanding relationships that we both have with our customers.”