Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=585648fc-6842-4b21-b9ac-cc4eabfcc282
Date 3/31/2016
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.
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.