RENNES, France, September 25, 2014 /PRNewswire/ --
Backing From New Financial Partner Will Drive Company into New Era of Growth and Industry Leadership in Broadcast, OTT, and Multi-Platform Video Delivery
Thomson Video Networks, a portfolio company of the Fonds de Consolidation & Développement des Entreprises (FCDE), today announced that FCDE has entered into exclusive negotiations with Edmond de Rothschild Investment Partners (EdRIP) to take an equity stake in Thomson Video Networks, in partnership with the company's management.
Edmond de Rothschild Investment Partners is the private equity affiliate of the Edmond de Rothschild Group, which specializes in asset management and private banking. EdRIP is dedicated to minority investments in privately owned companies.
Thomson Video Networks is a global leader in advanced video delivery solutions that enable media companies, video service providers, and broadcasters to deliver superior video quality at the highest density and lowest bandwidth.
"We want to thank FCDE for its outstanding partnership, which has enabled us to create a strong foundation and track record for steady and continued growth as an independent enterprise," said Christophe Delahousse, president, Thomson Video Networks. "The proposed investment by EdRIP in partnership with the management team would mark a new milestone in our company's history. We would be delighted to work with this new partner to continue advancing state-of-the-art broadcast and multi-screen OTT services and driving the compression and video quality requirements of every device - today and tomorrow."
Thomson Video Networks recently launched Behind Every Screen™, a unified and intelligent video delivery approach that combines on-premises and cloud-based resources to support broadcast as well as multi-screen services. Behind Every Screen brings together the latest ingest, branding, ad insertion, encoding/transcoding, and packaging technologies to provide an all-encompassing video infrastructure. With EdRIP as a shareholder, Thomson Video Networks would be even better positioned to empower its customers with every key capability they need for profitable and convergent multi-platform video delivery Behind Every Screen.
"We are delighted to have worked successfully with Thomson Video Networks' management team to establish the company as an independent and globally recognized enterprise. Thomson Video Networks is now poised to enter a new period of growth building on its innovative products, international reach and quality management," said Amélie Brossier, partner at FCDE.
"Thomson Video Networks already occupies a solid position in the market, and we see strong potential for additional growth and opportunities in both current and new markets. The company would be an ideal addition to our portfolio as we continue to expand our strategy for sustained investment in global-growth enterprises," said Sylvain Charignon, partner, Edmond de Rothschild Investment Partners. "We are impressed by Thomson Video Networks' mature and experienced management and technical teams and its remarkable achievements and commitments to clients. The EdRIP investment would provide an additional boost for the company's efforts to address rapidly evolving market opportunities in OTT, IPTV, Web and cloud-based content delivery."
Further information about Thomson Video Networks is available at http://www.thomson-networks.com.
About Edmond de Rothschild Investment Partners. For more information: http://www.edrip.fr
About FCDE. For more information: http://www.fonds-fcde.fr
About Thomson Video Networks. For more information: http://www.thomson-networks.com
SOURCE Thomson Video Networks