ENENSYS Acquires Expway To Fuel Expway's Presence, Products and Services Growth
Expway receives engineering and sales boost to accelerate LTE Broadcast innovation, market presence and customer service. Companies align efforts to build first 5G Broadcast solution. Companies' technologies offer synergy in terrestrial and satellite markets as well as cable and mobile. The fusion of the teams provides an enhanced world presence and scale for Expway customers going forward.
RENNES, France, Jan. 8, 2019 /PRNewswire-PRWeb/ -- ENENSYS, a leading designer and manufacturer of digital TV transmission technologies over Mobile, Terrestrial and Satellite Networks, today announced the completion of its acquisition of Expway, the world's leading provider of LTE Broadcast infrastructure software and solutions. The acquisition strengthens Expway's ability to deploy its market leading LTE Broadcast technology, while both companies will join efforts to aggressively build and market the first 5G Broadcast solutions.
With the acquisition, Expway will receive a boost, in engineering and sales resources from ENENSYS, to accelerate innovation, market presence and customer service growth. For Expway customers, the acquisition means Expway will be able to better scale with additional resources and capabilities and increase driving value to its customers around the world. A larger organization will allow Expway and ENENSYS to provide a wider array of services and more depth to their offerings.
"We are very familiar with the Expway team with whom we have already collaborated on many projects. The performance and quality of the Expway products is recognized worldwide, as evidenced by its highly international portfolio made up almost exclusively of large accounts", said Régis Le Roux, President and CEO of the ENENSYS Technologies Group. "With Expway, we are taking an important step forward in our ambition to offer a complete coverage of broadcast optimization solutions, regardless of the underlining technology and network".
"We are excited to have reached this agreement with ENENSYS, which is an accelerator for Expway," said Thierry Sergent, Chairman and CEO of Expway. "It will enable a faster geographical growth, particularly with a strengthening of our presence in the United States, and a quicker adoption of Expway's technology. Both companies know each other very well, and have similar cultures, which means we can be confident in the success of integration. Our customers will directly benefit from extended customer services and accelerated innovation."
The two companies' combined technologies will also enhance ENENSYS' Terrestrial, Satellite and Cable market offering with the inherent efficiency of broadcast technology, enabling operators to provide OTT services at greater scale.
Expway's Multicast ABR and LTE Broadcast technologies will work hand in hand with ENENSYS' local Ad Insertion solution allowing DTT, Satellite and Cable network operators to increase their revenues. The combined technologies will also be a perfect match for Mission Critical Communication solutions and connected or even autonomous cars (V2X).
About ENENSYS
Based in Rennes, France, ENENSYS Technologies is a global designer and manufacturer of innovative professional equipment for the Digital Video Delivery and Broadcast industry. For 15 years the Group has been delivering highly innovative solutions to broadcasting chain operators allowing them to optimize the distribution of their content. Having invested €40 million in R&D over the last ten years, the Group has a reputation for excellence and is a market leader in solutions for optimizing, securing and monetizing DTT video flows. Its solutions are already sold to over 400 customers worldwide via three recognized brands - ENENSYS Networks, TeamCast and TestTree.
ENENSYS Telecom Networks product line includes software for Mobile TV over LTE Broadcast. For more information, visit http://www.enensys.com.
About Expway
Expway is the LTE Broadcast content delivery expert, enabling network operators and device manufacturers to monetize the video-streaming explosion. Expway delivers content efficiently and cost effectively with consistent high quality-of-experience. Expway is the only vendor to offer a complete end-to-end, open solution providing both the multicast server and the device middleware. For more information, visit http://www.expway.com.
SOURCE Expway
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