Archive | March, 2012

Video servers continue to grow, despite drop in broadcast & cable sectors.

28 Mar

Video servers continue to grow despite a substantial drop in overall market value in the broadcasting and cabler sectors. SCRI International reports a modest compound annual growth rate (CAGR) of 0.70% for the three-year period surveyed in all six professional television/video markets. This according to SCRI’s just released 2012-2013 Broadcast/Pro Video Servers Report

Vislink Posts Bullish Financials

28 Mar

Vislink plc, a global technology business specializing in solutions for the collection and delivery of high quality video and associated data for the broadcast and surveillance markets, announced revenue for the year ended 31 December 2011 up 4% and orders up 12%.

SeaChange to Sell Broadcast & Storage Business

21 Mar

SeaChange International, Inc. has signed a definitive agreement to sell its broadcast server and storage business, supposedly to help the company focus on its core software and services operations including its next generation back office, video streamers, gateway software and advertising solutions.

Video Recorders Market Forecast to Drop in Value

13 Mar

SCRI’s new, 2012-2013 Video Recorders report shows that video recorders are experiencing a formidable drop in overall market value over the next three years. SCRI International predicts a compound annual rate decrease (CARD) of -5.20%.for the three-year period surveyed.

Technicolor (Thomson) to sell Broadcast Services to Ericsson

13 Mar

Technicolor (formerly Thomson) has received an offer from Ericsson for the acquisition of its Broadcast Services activity. The offer includes a purchase price of €19 million and a potential earn-out based on 2015 revenues of the Broadcast Services activity of up to €9 million.

Chyron Reports Continued Net Loss In Spite of Increased Revenue

8 Mar

Chyron announced its financial results for the fourth quarter and full year ended December 31, 2011.

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Miranda Shareholder Calls for New Directors

8 Mar

JEC Capital Partners,, a “concerned shareholder” of Miranda Technologies Inc., announced director nominees it intends to put forward at Miranda’s upcoming annual meeting of shareholders to be held on April 17, 2012. The proposed nominees comprise three independent candidates and one shareholder representative candidate: Claude Fontaine, Clifford Press, Tim Thorsteinson and K. Peter Heiland. […]

Growth in Broadcast / Pro Video Graphic Workstations

5 Mar

According to SCRI’s just released 2012-2013 Broadcast/Pro Video Graphics Workstations Report, Graphic Workstations (GWs) continue to grow at a reasonable rate over the next three years, registering a marginal compound annual growth rate (CAGR) of 1.09% by 2013. SCRI International projects a total of 42.6% of all six professional video/television markets will purchase $376.2 million of these devices this year, compared to 41.9% of all facilities that spent $369.3 million in 2011.

Vitec Reports Growth in Broadcast & Video Markets

5 Mar

Stephen Bird, Group Chief Executive of Vitec, said: “I am very pleased with the results for 2011 where the execution of our strategy has resulted in continued profitable growth enhanced by strategic acquisitions. In 2011 we achieved strong sales growth in the Broadcast market where Vitec has an extensive global presence with well-established market leading products. We have continued to invest in new product development and early sales of our Manfrotto Powerbrand have exceeded expectations. We have added market leading products and technologies through our Lastolite and Haigh-Farr acquisitions and made encouraging progress in the lumpy MAG market. Although the macroeconomic environment is uncertain, Vitec is investing in three core markets that we believe have good underlying growth drivers. We therefore anticipate another year of progress in 2012.”

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Harris Shuts Down Cloud Hosting

1 Mar

Harris Corporation   plans to discontinue its Cyber Integrated Solutions operation — which provided remote cloud hosting — and sell its related data center facility in Harrisonburg, Virginia. The operation is part of the company’s Integrated Network Solutions segment.