MultiDyne merges with Niagara Video Corporation
MultiDyne merges with Niagara Video Corporation
MultiDyne Fiber Optic Solutions has acquired Niagara Video Corporation, a supplier of compression, streaming and IPTB solutions for broadcast and commercial AV. The acquisition strengthens MultiDyne’s value proposition for software-defined video transport, and aims to position the company as a full-service provider of hardware and software solutions for moving video over any distance or network architecture. Black Pearl Management Group, owned and operated by the well-known Bob McAlpine, facilitated the acquisition process on behalf of both companies.
“The MultiDyne brand has long been associated with fibre optics, but as a company we excel at processing and moving media,” said Frank Jachetta, CEO, MultiDyne. “At IBC 2019, we added audio processing and monitoring to our portfolio with the acquisition of Census Digital. Three years on, we head into IBC 2022 with another strategic acquisition that takes MultiDyne into exciting new territory.”
Jesse Foster, MultiDyne’s vice president of products, sees a natural expansion of its core broadcast and live production business into the REMI production space, and an opportunity to offer complete solutions for worship facilities. “This really opens MultiDyne to new verticals,” said Foster. “Compression is a necessary technology for remote connectivity, and Niagara’s portable GoStream encoders and decoders will provide our customers with the low-latency streaming and backhaul solutions they need for REMI production and live entertainment events. We see strong integration opportunities for MultiDyne fibre products with Niagara’s IPTV solutions, used widely today in the enterprise, corporate, government and hospitality markets. And we can now help our worship customers easily extend their signals from the sanctuary to external locations, thanks to clean integration between our fibre camera adapters, our fibre throwdowns, and Niagara’s live streaming solutions.”
Mike Galli, CEO of Niagara Video Corporation, will join the company as VP of streaming products, and MultiDyne will retain Niagara’s existing staff.
“We have built a network of channel partners with strong reputations that will help raise MultiDyne’s visibility in areas where they have less brand representation, including parts of Asia where Niagara Video has historically seen brisk business,” said Galli. “At the end of the day, we can help MultiDyne establish a robust streaming portfolio and bring them into the compression world with greater authority. And we at Niagara have always looked for the right partner to complete our vision. MultiDyne’s global presence, business reputation, and the range of customers and applications they support are all phenomenal.”