ATEME announces a 4 million Euro investment by XAnge Private Equity and Ventech

General News

Summary

Thanks to its subsidiaries located in Montreal (Canada) and Tokyo (Japan), and its distribution network covering Europe, North America and Asia, ATEME’s export activities reached 45% of its total turnover for the fiscal year 2005.”XAnge and Ventech are renowned investors, especially in the Information Technology sector. The ratio of export sales should reach 60% of the company’s total turnover in 2006.Founded in 1991 and headquartered in France, ATEME is an expert in the field of advanced video compression technology, valuable partner of major silicon vendors. Ventech focuses on promising ventures in the area of IT & Communications and Biotechnologies in France and Continental Europe.Our mission is to invest in ambitious projects with the potential to become global leaders. Targeting a hands-on approach, our team is gathering highly complementary skills, built through international experiences in operations and private equity, in start-up companies and high-growth businesses.ATEME ( www.ateme.com ) is a world-leading provider of advanced video compression technology: H.264, MPEG-4, and WM9. The superior quality of its encoding IPs and the interoperability of its codecs have been widely recognized by both independent testing and customers’ benchmarks and make them the best choice for pro AV applications, streaming media and video security.

Classifications

industries
Fintech & Banking
applications
Anti Piracy

AskAI Classifications

Labels
Video Software SaaS Streaming Infrastructure

Linked Companies

Ateme
$50M to $100M