Company Overview
Snapshot
Founded in January 1988, Synamedia operates with over 1,000 employees. The company has expanded its portfolio through strategic acquisitions, including the purchase of Quortex in July 2022 to enhance its video delivery solutions.
Business overview
Synamedia provides secure, advanced, end-to-end open video delivery solutions, building on over 30 years of expertise. As one of the largest global providers of video solutions, the company serves over 200 top satellite DTH, cable, telco, and OTT operators, content owners, and broadcasters. Its core offerings include products like Synamedia Clarissa, EverGuard, Synamedia Iris, and Synamedia Go, operating within the Media & Entertainment Technologies sector.
Strategic signal
In February 2023, Synamedia underwent a significant workforce optimization, reducing its employee count by 200, representing 12% of its total workforce. This move signals a strategic restructuring aimed at streamlining operations and potentially re-focusing resources, which could impact its immediate operational trajectory and investor outlook.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant operational change for Synamedia in early 2023?
- In February 2023, Synamedia reduced its workforce by 200 employees, which accounted for 12% of its total staff.
- Which company did Synamedia acquire in July 2022?
- Synamedia acquired Quortex in July 2022 to strengthen its video delivery capabilities.
- When did Synamedia acquire ContentArmor?
- Synamedia acquired ContentArmor in August 2021.
- When did Synamedia inaugurate its new offices in Jerusalem?
- In March 2021, Synamedia inaugurated its new offices in Har Hotzvim, Jerusalem.