Harmonic has acquired the transcoding software vendor Rhozet Corporation for $15.5 million (€11.3 million) in a mixture of cash and 1.1 million Harmonic shares to compliment its line of compression products for broadcast and IP-based platforms. The deal is expected to close by the end of this month.
“With the addition of the Rhozet universal transcoding solutions, Harmonic will enable our existing broadcast, cable, satellite and telco customers to seamlessly create and deliver high quality Internet and mobile video programming in virtually any format, to virtually any device”, Harmonic said in a statement.
The Rhozet products – Carbon Coder, a stand-alone software transcoding application, Carbon Server and an enterprise-level distributed transcoding management application – are currently deployed by over 100 customers including Amazon.com, Ascent Media, BT, CBS, Channel 10 Israel, Detroit Public Television, Entertainment Television, ESPN, MSN, MTV Networks, News Broadcasting Japan, ProSiebenSat.1, Sony, Technicolor, Telekom Austria, The FeedRoom, thePlatform, The Weather Channel, TVAzteca and Yahoo!.