The technology behind one of the most respected brands that helped ignite today’s streaming media landscape is back as an independent, sharply-focused company.
Newly formed Antix Digital Inc. has acquired the live streaming and compression solutions portfolio from Imagine Communications.
Led by Tony Huang, the former head of product management for the same product family at Digital Rapids, the new company will accelerate future development of the solutions while taking over service and support for existing customers and systems.
The transaction encompasses software-based compression, processing and streaming solutions that enable leading media enterprises to efficiently and profitably engage audiences across delivery platforms ranging from mobile and OTT services to linear broadcast and cable channels.
The foundation of the product line was developed by streaming solutions developer Digital Rapids, which Imagine Communications acquired in 2014. Imagine continued to evolve the portfolio with enhanced features and new products, but with streaming media delivery now deeply entrenched in today’s society far beyond commercial media and entertainment applications, it became clear that there are broader opportunities.
“Imagine Communications has been a great steward of the technology and solutions it acquired with Digital Rapids, but the ubiquity of multiscreen media consumption creates opportunities beyond Imagine’s core focus, from social media streaming to immersive, interactive training,” said Huang. “Transitioning the product family to Antix lets each company focus on their strengths, primary markets and best opportunities. We are excited to kick-start a new era for these solutions while bringing their powerful benefits to new customers and applications.”
The transaction also marks the return of the portfolio’s original “StreamZ” product branding.
Products making the transition to Antix Digital ownership include:
- The StreamZ Live family (previously re-branded by Imagine Communications as SelenioFlex Live) of multiscreen live/linear encoders for streaming and OTT applications
- The StreamZ Ingest (previously SelenioFlex Ingest) multi-format ingest and encoding platform for live-to-VOD and archive applications
- The StreamZ ONE (previously Selenio One) unified compression platform for traditional linear and multiscreen distribution
Imagine will continue to sell the Antix-acquired products to their customers as a non-exclusive Antix reseller, while Antix will honor Imagine Communications’ existing customer support contracts for these solutions.
Prior to Digital Rapids, Huang worked in product management for DTV compression products at broadcast vendor Evertz.