WISI Acquisition Expands Multiscreen and OTT Technology Portfolio

COLOGNE, Germany, June 8, 2016 (GLOBE NEWSWIRE) -- WISI Communications GmbH & Co. KG (WISI) today announced a further expansion of its Multiscreen and OTT portfolio, now known as Project Katamaran. Earlier this year, WISI quietly acquired the authentication, packaging, network DVR, back-office, client, provisioning and infrastructure software originally developed by American firm Aereo Inc. WISI is evolving key components of this proven and scalable platform to meet the unique multiscreen and OTT delivery needs of independent video operators around the world.

"There are a lot of moving parts to streaming video delivery and many small companies trying to do their own little piece. This can make it challenging for independent operators to separate the stable and reliable solutions from the noise," said John Pomeroy, VP of Multiscreen Infrastructure at WISI. "We asked ourselves how these products could be done better, in a cost effective and proven way. Globally, independent operators have been asking for an end-to-end platform that scales from a few thousand to a few hundred thousand subscribers. To meet that demand, we acquired these assets, giving us a huge advantage over the rest of the market. Chet Kanojia, Joe Lipowski and their team at Aereo spent more than US$ 35 million over three years and built some fantastic and award winning technology. Unfortunately, Aereo was not able to secure content rights. WISI's customers, by contrast, are licensed operators and have existing content relationships that allow them to fully leverage the technology."

Independent operators can now access a feature-rich, affordable and reliable platform for their end-to-end streaming services as part of WISI's Project Katamaran. WISI's multiscreen portfolio will further evolve this proven platform previously deployed nationally in America, delivering video to over one hundred thousand users. This enhanced software infrastructure complements the established WISI TANGRAM, and CHAMELEON reception and processing platforms and the high-density, modular linear, and multiscreen ABR transcoding platform for MPEG-2, and MPEG-4 AVC, the WISI Inca 4430.

"Our long term vision is that streaming infrastructure will be as important to video delivery tomorrow as QAM is today and has been for the past decade." said Axel Sihn, Managing Director of WISI. "WISI has always been a leader in video distribution technology and this additional investment in Project Katamaran further demonstrates our commitment to the important multiscreen and OTT market."

Project Katamaran opens the door to many deployment scenarios: Turn-key end to end, integration with existing systems through industry standard interfaces, and partial or complete cloud SaaS solutions.

Book a meeting to learn more at the WISI booth in the AngaCom 2016 Exhibition, Cologne, Germany June 7-9, located at E9, hall 10.2 and the meeting suite located at booth MS7, hall 10.1.

WISI Communications GmbH & Co. KG (WISI)

Wilhelm Sihn Jr. founded WISI in 1926 in Niefern-Oeschelbronn (Germany). Since nine decades the high-tech company is one of the world's pioneers in broadband reception and distribution technology. Today, WISI is active around the globe in the business fields: components for broadband networks, fiber optics for broadband, digital signal reception, processing and modulation for TV and radio, in-house multimedia. WISI currently employs 600 people at production sites in Germany, Europe, Canada and Asia. The company has subsidiaries in France, Austria, Switzerland, Sweden, Bulgaria, Spain, Canada and China. In addition WISI co-operates with more than 100 partners in all important international markets. More information can be found at www.wisi.de

Media Contact
Thomas Fuchs (fuchs media consult gmbh)
Tel.: + 49 2261 994 2395
Email: tfuchs@fuchsmc.com

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CONTACT: Thomas Fuchs (fuchs media consult gmbh) Tel.: + 49 2261 994 2395 Email: tfuchs@fuchsmc.com

Source:WISI Communications GmbH & Co. KG(WISI)