Audinate, developer of Dante media networking, has signed an agreement to acquire the video business of Silex Insight SA, based in Belgium. The Silex’s video section produces networking products for manufacturers of AV equipment.
The acquisition includes a range of AV-over-IP products, including IP Cores, the VIPER Board, Video ASSP and Design Services, as well as three Silex implementations of video codecs – Colibri, JPEG 2000 and VC-2 HQ. Audinate will also acquire a team of eight engineers with extensive expertise in video implementation, and remains committed to supporting the existing Silex products and customers.
The acquisition of the Silex video business will support Audinate’s and video over IP and will add breadth and depth to its AV-over-IP product line up. Furthermore, the transaction intends to increase video FPGA expertise within the company, and fill the ranks of its video engineering team in Europe.
“Since the development of our first Dante AV product we have been committed to bringing the simplicity and interoperability of Dante to the video-over-IP market,” said Audinate co-founder and CEO Aidan Williams. “With this acquisition, the video codecs and deep product expertise in the team, in combination with our Dante networking, will enable us to go to market with a variety of compehensive video products and services.”
“Audinate is an excellent new home for our video team, customers and suppliers as there is a unique complement in know-how, competencies and expertise,” said Michel Van Maercke, CEO of Silex Insight. “Moreover, we see a promising cultural fit and a similar customer-oriented mindset, which is critical for a successful integration after the acquisition. I am confident that the Silex video team will do very well as part of Audinate and will make a true difference in the Pro AV market.”
The proposed transaction is an extraction of the video business from Silex and is expected to complete on 31 January 2022. Silex will retain its existing security business. www.audinate.com