Nevion and Sony Partner to Support IP Broadcast Production
Nevion and Sony have agreed to establish a strategic partnership in the area of IP-based systems for broadcasters and other industries. To reinforce this partnership, Sony will also become a leading investor in Nevion by acquiring a minority stake in the company through a share purchase agreement.
In recent years, Nevion has established itself in the development of IP media network systems for real-time transport, processing, monitoring and management of video, audio and data signals used in production. This partnership with Sony is intended to support and contribute to further innovation in integrated and standards-based media production that combine media networking with equipment such as cameras and switchers. These systems are expected to make it easier for customers to move to IP in their facilities and in remote production, as well as improve their ability to create content – for example through better sharing of resources.
“This is an exciting alliance for Nevion, its customers and its partners,” said Geir Bryn-Jensen, Nevion CEO. “It is based on very complementary systems, products and knowledge, and will allow us to offer a lot more to our customers, both existing and potential, than we have been able to until now. It will also give us greater scalability and reach.”
“Through this strategic partnership, we will be able to expand our complete IP system products and services that customers can use to produce live content connecting multiple locations,” said Mikio Kita, Senior General Manager, Media Solution Business Division, Professional Products & Solutions Group at Sony. “Working together with Nevion, we are in a better position deliver an integrated and optimal experience for our customers.”
Nevion’s CEO, Geir Bryn-Jensen said, “This strategic partnership with Sony is a real vote of confidence in Nevion, its vision, its strategy, its people and its IP-based media network solutions. We look forward to working closely with Sony to maximize the benefits for our customers.” nevion.com