VITEC Multimedia Announces Acquisition of ATEME Defense and Security Business

VITEC Multimedia, a worldwide leader in advanced video solutions, today announced that it has completed the acquisition of all digital defense and security technologies and products from ATEME . ATEME's Security products include advanced IP-based video security and surveillance encoders, decoders and recording solutions that meet the increasingly complex security requirements of private and public facilities. Designed to enhance video security and monitoring infrastructure, robust IP-based ATEME Security products keep operations and maintenance costs low.

With this acquisition, VITEC Multimedia is expanding its focus to include video security solutions for a wide range of facilities and security requirements. ATEME defense and security solutions will be integrated, as necessary, with surveillance capabilities. VITEC will also apply its extensive R&D resources to its new Security product line in order to develop and launch exciting new products based on ATEME products, for both current and future customers.

"This is an exciting time for Vitec" said Philippe Weztel, founder and CEO of Vitec Multimedia. "With more than 15,000 video encoders shipping every year, Vitec is experiencing unprecedented organic growth. ATEME's professional IP video security solutions offer natural synergy with our existing video monitoring, tactical video and military-grade surveillance solutions, which are used by military forces, government agencies and high profile facilities around the world. The additional products will enable VITEC to further expand its range of technologies and continue to bring state-of-the-art, highly innovative digital video solutions.”

About VITEC Multimedia

Since 1988, VITEC Multimedia has been a worldwide leading provider of powerful digital video products that support end-to-end media solutions for Broadcast, Corporate, Education, Government, Industrial, Medical, Military, and Telco customers. By integrating world famous brands including Optibase, Focus, Como, and Stradis, VITEC Multimedia now controls the complete video chain with professional-grade products for acquisition, encoding, processing, management, and delivery. VITEC Multimedia offers innovative and cost effective hardware and software products, custom designed solutions for world-class OEM’s.

VITEC Multimedia is headquartered in Paris, France, with worldwide R&D, Sales, and System Integration offices. For further information, please visit www.vitecmm.com.