Audinate Group Limited (ASX:AD8), developer of the professional AV-industry leading Dante® media networking solution, is pleased to announce that it has completed the acquisition of the video business of Silex Insight SA (“Silex”), based in Belgium (transaction initially announced 13 December 2021). The Silex video business produces video networking products for manufacturers of AV equipment.
The acquisition of the Silex video business allows Audinate to accelerate its strategic vision for integrated audio and video over IP and adds breadth and depth to its AV-over-IP product lineup. In addition, the transaction increases video FPGA expertise within the company and cements critical mass for 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,” states Audinate co-founder and CEO Aidan Williams. “With this acquisition, we are doubling down on that strategy. The video codecs and deep product expertise in the team, in combination with our Dante networking technology, will enable us to go to market with a variety of full-service video offerings.”
The acquisition is a carve-out of the video business from Silex, which retains its existing security business. For more information on Audinate, please visit: www.audinate.com