Arvato Systems Group has acquired 100% of the company shares of Vidispine AB. The IT specialist from the Bertelsmann Group and the Swedish MAM (Media Asset Management) expert are strengthening the link in their portfolios and are working together to achieve further growth, addressing the explosion in video content and growth of cloud-based solutions for media.
Vidispine develops and distributes solutions for the management of digital content, primarily videos, and supports both companies from the media sector as well as customers from other industries. The company was founded in 2009 by CEO Erik Åhlin and CTO Isak Jonsson in Stockholm. In the new Arvato Systems Group shareholder structure, both will continue in their previous roles at Vidispine.
The Vidispine portfolio comprises a number of components built on the content management platform Vidispine Server. VidiXplore, a software-as-a-service (SaaS) solution, allows teams to manage video content across a variety of storage locations, the company claims, regardless of whether they are in the cloud or on-premise. Launched in September at the IBC Show, Vidispine is expanding its portfolio to include Vidinet. Offered as a platform-as-a-service (PaaS), Vidinet provides access to scalable cloud solutions for enterprise media workflows (e.g. transcoding, QC, metadata harvesting and more). The solutions of Vidispine and Arvato Systems, such as the Video Production Management Suite (VPMS), complement each other perfectly, as per the official release.
“We are delighted that the existing partnership with Arvato Systems will enable an even more intensive integration of our solutions and a joint market launch,” stated Vidispine CEO Erik Åhlin. “For us, the Arvato Systems solutions fill many gaps, both in terms of technology and market coverage. Together, we can better support our customers with cloud-based state-of-the-art solutions.”
This was also underscored by Ralf Schürmann, CEO of Arvato Systems S4M GmbH, who is responsible for the Arvato Systems Group’s media division: “Arvato Systems and Vidispine offer excellent solutions and provide customers with real added value. Vidispine’s solutions and professional expertise, as well as the existing partnership-based cooperation, have convinced us to take the next step together.”
“By acquiring Vidispine, we as Arvato Systems have taken another step towards the digital future,” added Matthias Moeller, CEO of Arvato Systems Group. Our customers will benefit significantly from the integration of technology, products and expertise from both companies. We can now support them even better on their way to digital transformation and the implementation of new business models.”