Ross Video acquires Coveloz Technologies
WORLD: In line with its continued efforts to accelerate the transition of video workflow to an IP-based infrastructure, Ross Video has acquired Coveloz, a technology company offering design services and firmware solutions to address the networking and processing of audio, video and control signals. Coveloz will continue to offer products and services to the broadcast, pro-A/V, communications and industrial markets, and will remain working with Altera to develop IP applications.
‘The time is now for Coveloz to scale to meet the needs of the rapidly evolving deterministic networking markets, starting with audio and video applications,’ explained Nestor Amaya, president of Coveloz. ‘The acquisition by Ross gives us the wherewithal to pursue this exciting future and make media networking technology accessible to all corners of our target markets. We will continue to work with Ross competitors, providing our IP technology to them as well. Wider accessibility to companies within the industry who lack IP knowledge will accelerate adoption and drive efficiencies of scale.’
‘Coveloz has some great core technology and an amazing vision for the IP future,’ added David Ross, CEO of Ross Video. ‘As we’ve been working with their team, implementing technology on our new platforms, we’ve been impressed. We’re excited to have them as part of the Ross family of companies and look forward to their continued focus on media IP work.’