(NASDAQ:AMZN) — Amazon Web Services, Inc. (AWS), an Amazon
company, today announced that Amazon has reached an agreement to
acquire Elemental Technologies, Inc., pioneers in software-defined
video solutions for multiscreen content delivery. The acquisition
brings together Elemental’s leading video solutions with the AWS
Cloud platform to provide media and entertainment companies with a
range of integrated solutions to efficiently and economically scale
video infrastructures as the media industry increasingly moves to
internet based delivery.
Elemental software makes it easy for media and entertainment
companies to take live and on-demand video destined for traditional
networks like cable, satellite, or over-the-air broadcast and
re-format that content for distribution to PCs, smart phones,
tablets, and TVs. Elemental has more than 700 media franchise
customers and powers some of the world’s most popular over-the-top
TV (OTT) applications, like the BBC’s iPlayer, CNNGo, ESPN
ScoreCenter, HBO GO, MSNBC Shift, and Sky Go and Sky Now.
Additionally, Elemental is supporting the world’s first 4K Ultra HD
services including those that were delivered by the BBC during the
2014 World Cup.
“Elemental shares Amazon’s passion for invention and putting the
customer first,” said Andy Jassy, Senior Vice President of Amazon
Web Services. “Together, we’ll collaborate on deeper technology
integrations and new infrastructure offerings so that media and
entertainment companies can evolve their hybrid and cloud models as
they continue to innovate their services for viewers.”
Founded in 2006 and headquartered in Portland, Oregon, Elemental
will continue to operate its business under its existing brand,
delivering the full range of solutions for pay TV operators,
content programmers, broadcasters, governments, and enterprise
customers. Elemental will also expand the integration of its
offerings with AWS, and through close collaboration with AWS,
accelerate the innovation of next-generation services that feature
a range of solutions for customers leveraging on-premises assets,
hybrid architectures, and cloud.
“The media and entertainment industry is at a unique inflection
point, and as a part of Amazon, we will be in an even stronger
position to help our customers delight their viewers globally,”
said Sam Blackman, co-founder and CEO of Elemental. “We’re thrilled
to have Amazon supporting our growth and ongoing commitment to our
customers’ success.”
Terms of the acquisition were not disclosed and are subject to
closing conditions. The acquisition is expected to close in the
fourth quarter of 2015.
Elemental and AWS at IBC2015
At IBC2015, which will be held in Amsterdam from Sept. 10-15,
AWS and Elemental will feature a variety of cloud video and
advanced video streaming workflows at the companies’ respective
booths. AWS will be located in Hall 14 on Stand 14.N29. Elemental
will be located in Hall 4 on Stand 4.B80.
About Amazon Web Services
Launched in 2006, Amazon Web Services offers a robust, fully
featured technology infrastructure platform in the cloud comprised
of a broad set of compute, storage, database, analytics,
application, and deployment services from data center locations in
the U.S., Australia, Brazil, China, Germany, Ireland, Japan, and
Singapore. More than a million customers, including fast-growing
startups, large enterprises, and government agencies across 190
countries, rely on AWS services to innovate quickly, lower IT costs
and scale applications globally. To learn more about AWS, visit
http://aws.amazon.com.
About Amazon
Amazon.com opened on the World Wide Web in July 1995. The
company is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire phone, Fire
tablets, Fire TV, and Amazon Echo are some of the products and
services pioneered by Amazon.
About Elemental
Elemental Technologies is the leading supplier of
software-defined video solutions for multiscreen content delivery.
Founded in 2006 and headquartered in Portland, Oregon, the company
pioneered the use of software-based video processing to distribute
video over IP networks. Solutions from Elemental provide the
flexibility, scalability and performance required to deliver high
quality video via turnkey, cloud-based and virtualized deployment
models. Powering video experiences for more than 700 leading media
franchises worldwide, Elemental helps pay TV operators, content
programmers, broadcasters and enterprise customers bring video to
any screen, anytime – all at once. The company has offices in the
United States, the United Kingdom, France, Hong Kong, Singapore,
Japan, China, Russia, India and Brazil. To learn more, please visit
www.elementaltechnologies.com and follow @elementaltech on
Twitter.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Actual results may
differ significantly from management’s expectations. These
forward-looking statements involve risks and uncertainties that
include, among others, risks related to competition, management of
growth, new products, services and technologies, potential
fluctuations in operating results, international expansion,
outcomes of legal proceedings and claims, fulfillment and data
center optimization, seasonality, commercial agreements,
acquisitions and strategic transactions, foreign exchange rates,
system interruption, inventory, government regulation and taxation,
payments and fraud. More information about factors that potentially
could affect Amazon.com’s financial results is included in
Amazon.com’s filings with the Securities and Exchange Commission,
including its most recent Annual Report on Form 10-K and subsequent
filings.
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