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.
Broadcast content workflow company Vislink has bought Mobile Viewpoint, a mobile live streaming solution company, in a cash deal worth $18.3m. The deal comprises a €14.8m stock purchase agreement and the assumption and payment of €700,000 in intercompany debt.
Netherlands-based Mobile Viewpoint offers mobile live streaming solutions for outside broadcast and surveillance solutions. It produces the WMT line of mobile encoders for live streaming over 4G and 5G and claims to be a world leader in developing AI solutions for automated news and sports productions for automated sports production.
According to Vislink, the deal enables it to fulfil its strategic aim of providing an industry-leading portfolio of live video acquisition, contribution and distribution solutions.
The company added the deal will see it drive forward its planned Connected Edge solutions which will leverage IP networks to provide customers with low latency, high-capacity ultrafast live video transport that can utilise AI to automate workflows.
Moreover, Vislink believes that the company and customers will be able to benefit from the ability to address the transformative trends in today’s live video market.
Speaking about the acquisition, Mickey Miller, CEO of Vislink, said: “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 presents a tremendous growth opportunity for us as 5G and other new networks, along with machine learning, are about to revolutionise how video is produced and transported. 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 an 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.”
The Mobile Viewpoint acquisition will provide Vislink with solutions that combine with Vislink’s existing solution set to make its Connected Edge video transport concept of utilising ubiquitous IP networks and cloud-scale compute across 5G, WiFi6, Mesh and COFDM-enabled networks a reality. With this acquisition, Vislink will have all the hardware and software solutions needed to acquire, produce, contribute and deliver video overall 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), satellite, fibre and emerging networks, including 5G and Starlink.
Michel Bais, Managing Director of Mobile Viewpoint, added: “It is exciting that Mobile Viewpoint will now be part of delivering Vislink Connected Edge solutions. Being part of a larger entity will enable us to accelerate our innovative product roadmap. It also opens up the military, government and American markets for us. It’s been a fascinating and rewarding journey over the last ten years, but the time is right to join with Vislink to ensure we continue to excel and be the first to market with transformative solutions. With almost zero overlap in solutions and markets, together, Vislink and Mobile Viewpoint will be much more than the sum of their parts.”