The Axon brand will go, and the products integrated into EVS’ offering.
EVS has acquired live broadcast infrastructure specialist Axon in a deal valued at Eur10.5m (£9.2m), to be paid by cash and debt.
30-year old Axon has development centres in Holland and the UK and employs 80+ people. It focuses on mobile trucks and data centres, and, EVS says, a product portfolio that complements its existing live production offering.
One of the key drivers of the acquisition is to enable EVS customers to implement turnkey solutions to smoothly migrate their infrastructure towards IP and remote production-based workflows.
The Axon brand will “be absorbed into EVS over the coming weeks and its product portfolio will be integrated into EVS’ global solution offering,” says EVS. “The objective is to integrate Axon team members and to further invest in their technology and market expertise.”
EVS will now be able to offer IP processing, SDI/IP conversion, SDN-based control and monitoring, as well as UHD-4K and IP multiviewer.
EVS CEO Serge Van Herck said: “We’re extremely excited about the opportunities this acquisition will provide us and our customers over the coming months and years. Axon’s strong broadcast reputation and expertise, combined with our shared customer service-focused philosophy, make this marriage a perfect fit. It will enable us to deliver the most comprehensive media infrastructure solutions on the market.”
Axon CEO Michiel Van Duijvendijk added: “This deal offers a major growth opportunity for both businesses, bringing together two innovative and proven product portfolios to form a unique end-to-end offering. We’re looking forward to joining the EVS team and working together to provide our customers with all the tools they need to power their journey towards IP-based media production.”