Cable / Telecom News

Imagine Communications adds Toronto’s Digital Rapids to TV Everywhere initiatives


LAS VEGAS – Toronto-based Digital Rapids has been bought by Imagine Communications, a portfolio company of The Gores Group and a market share leader of software and networking solutions serving the global media and entertainment markets.The deal will create a comprehensive portfolio of processing and compression solutions for TV Everywhere, according to the announcement.  Digital Rapids' software-based workflow management, transcoding and encoding solutions will integrate with Imagine Communications' existing mezzanine quality origination encoding, adaptive bit rate transcoding technology and content delivery network software to create an end-to-end, TV Everywhere solution for optimized file-based and live video stream distribution across a...