VITEC Overview
VITEC provides end-to-end video-streaming solutions for broadcasters, military and government, enterprises, sports and entertainment venues, and houses of worship. Combining broadcasting with live-streaming capabilities, VITEC's extensive HEVC offering encodes and decodes appliances, IPTV players for desktops and mobile devices, as well as PCI cards with an SDK for integration projects. VITEC in Israel serves as a research and development center focused on the design and manufacturer of hardware and software for video encoding, decoding, transcoding, recording, conversion, archiving, and streaming over IP.
Latest News
growth-negative
Optibase sells video business to Vitec for $8m
Optibase Ltd. is selling its entire video business to Vitec Multimedia SA for $8 million in cash, plus 45% of Vitec revenue from Optibases business in excess of $14 million in the year following the closing of the deal. The sale is expected to close during the second quarter of 2010. Optibases CEO believes Vitec is the right company to ensure the continuity of the business and maintain the Optibase brand. The companys share price rose 4% at the opening on Nasdaq.
Acquisition
Team Members
1
Employees: 51-200
Web & Social Links
| Website | www.vitec.com/ |
Locations
Galgalei HaPlada St 11, Herzliya, Israel
92320 Châtillon, France
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