Vislink Acquires Mobile Viewpoint for $18.3M
Vislink has closed on an $18.3 million acquisition of Mobile Viewpoint, in a deal the company said creates a “global live video powerhouse” that can address growing demand for internet video.
Vislink announced the close of the deal on Monday. Vislink, headquartered in Hackettstown, New Jersey, deals with the capture, delivery, and management of live video. Mobile Viewpoint is a privately held subsidiary of Triple IT Corporate B.V., and is headquartered in the Netherlands. The company deals with mobile live streaming solutions.
Vislink said this acquisition gives it the technology needed to acquire, produce, contribute, including 3G and 4G, satellite, fiber, and emerging networks like 5G and the SpaceX Starlink satellite internet constellation.
“Mobile Viewpoint provides us with technologies and solutions that will enable our customers to acquire and deliver video over any preferred public or private network. This presents a tremendous growth opportunity for us as 5G and other new networks, along with machine learning, are about to revolutionize how video is produced and transported,” Vislink CEO Mickey Miller said.