Anevia announces definitive acquisition of Keepixo

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London, United Kingdom

Company Hires / Executive News

www.anevia.com

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Anevia’s shareholders voted massively in favor of all the resolutions tabled by the Board of Directors at Anevia’s AGM, which was held in Gentilly on Thursday, 12 April with a quorum of 75.02%. This definitively sealed Anevia’s acquisition of Keepixo.

“We are delighted to announce this acquisition, which is consistent with our drive to provide a comprehensive range of solutions, from encoding through to broadcasting and storage. Keepixo shares our innovative ADN and its solutions feature the most advanced technologies in ultra HD and low-latency live broadcasting. This tie-up will strengthen our positioning at the heart of the OTT video value chain” says Damien Lucas, Anevia’s co-founder and CTO.

“We have been working together for the last 10 years and teaming up with Anevia was a natural step. Our complementary technologies will extend our range and enable us to offer a genuine end-to-end solution. We are proud to be joining Anevia. Together, we will be in a stronger position to meet our operator and broadcaster clients’ expectations and provide them with solutions for the entire OTT TV processing chain” adds Keepixo’s COO Jérôme Blanc.

Keepixo is a Grenoble-based company specializing in the development of video compression software for TV operators, to enable live or near-live broadcasts for multi-screen TV. Keepixo’s solutions have been sold to more than 150 clients worldwide, including 40 Tier-1 operators. In 2017, Keepixo recorded sales of €0.9m and had 14 employees, most of whom are based in Grenoble.