IMAX acquires SSIMWAVE in US$21 million deal

IMAX Corporation has announced the acquisition of video quality solutions provider SSIMWAVE. IMAX has paid US$18.5 million in cash and US$2.5 million in stock with additional earnout consideration of US$4 million, subject to achieving certain operating performance and financial objectives. The acquisition is expected to close in 2023. IMAX said that the acquisition represents a […]

SSIMWAVE and Firstlight team up for AI-powered OTT monitoring

OTT cloud AI technology outfit Firstlight Media and streaming video quality specialist SSIMWAVE have teamed up to drive broader adoption of AI-powered solutions that measure, manage and optimise video quality at multiple points in the delivery chain, according to the pair.  The two companies are teaming to enable OTT and pay TV providers to implement […]

SSIMWAVE makes commercial hires to expand global presence

SSIMWAVE, a specialist in perceptual video-quality measurement, has made two sales appointments in a bid to expand its global market presence. Carlos Hernandez has been appointed vice president of sales, international, and joins SSIMWAVE after more than a dozen years with Sandvine. Brent Ross joins as director of sales, having previously held sales position with […]