DTV Innovations Buying Video Business Of IDC

DTV Innovations, a supplier of digital broadcasting solutions to television broadcasters, is buying the professional video contribution product line from International Datacasting Corp., a technology provider to TV and radio broadcasters, data and digital cinema.  DTV said it expects to close on the transaction in the next two weeks.

The IDC professional video line, acquired from Comtech EF Data in 2009, offers hardware-based MPEG-2 and MPEG-4 encoding and decoding solutions with focus on low latency, video quality and support for multiple audio channels and formats in a compact, road-ready platform.

The acquisition includes all intellectual property and inventory associated with IDC’s professional video line and includes: Titan and SE4000 encoders, HMR decoders and the Logic Innovations TSM-2800 ASI multiplexer.

In conjunction with the acquisition, DTV Innovations has opened a new R&D center in San Diego, Calif., and has hired several senior level sales, engineering and support personnel who previously supported the product line for IDC.

“Broadcasters are increasingly looking for a tightly integrated solution capable of managing their encoding, PSIP insertion and multiplexing needs,” said Benitius Handjojo, CEO of DTV Innovations.  “Through this acquisition, DTV Innovations will be ideally positioned to provide a more capable solution in the most efficient and cost effective manner while also expanding its presence into the rapidly growing outside broadcast market.”

Handjojo added: “We will also gain access to IDC’s global distribution network allowing DTV Innovations to expand its sales which have historically been focused on the North American market.”

“IDC has been proud to serve the Video Contribution market and to stimulate innovation by launching ground-breaking solutions over more than a decade”, said Chris Barrett, Co-CEO of IDC. “This asset sale will enable us focus on key products and market going forward, and enable accelerating the roadmap and planned deployments of our flagship Laser solution.”