Beamr Acquires Vanguard Video for Undisclosed Sum

  • Feed Type
  • Date
  • Company Name
    Vanguard Video
  • Mailing Address
    974 Commercial Street Palo Alto, CA 94303 USA
  • Company Description
    V.265 is fully compliant with the latest ratified draft of the HEVC international standard for video compression that supports up to 8K resolutions and significantly improves compression efficiency by providing up to a 50% reduction in bitrate versus the previous H.264 standard.
  • Website
  • Transaction Type
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Following the acquisition, Beamr will offer a full array of media compression and optimization solutions to its customers. By integrating Beamr’s unique video optimization technology into Vanguard Video’s advanced encoder solutions, Beamr will achieve unprecedented levels of video quality at extremely low bit rates, allowing OTTs, Cable, Satellite, Telcos and mobile operators to deliver an exceptional viewing experience over congested networks. Financial terms of the transaction were not disclosed by the companies.

Trending on Xconomy