Haivision Accelerates Cloud Strategy by Acquiring LightFlow, the Artificial Intelligence and Cloud Orchestration Media Business of Epic Labs

MONTREAL, Oct. 31, 2019 /PRNewswire-PRWeb/ -- Haivision, a leader in video streaming solutions, today announced the acquisition of LightFlow Media Technologies S. L., the advanced media optimization business of Epic Labs.

This acquisition adds artificial intelligence and machine learning technologies to Haivision's innovation portfolio to form the basis for advances in content-aware video encoding, content indexing, object detection, as well as optimization of video contribution, distribution, and delivery for low-latency live feeds or video on-demand.

LightFlow's technology suite also gives Haivision an advanced media cloud orchestration architecture, a foundation to accelerate the company's cloud strategy of creating an ecosystem of modular video streaming and management technologies. The LightFlow team also led the development of the DASH.js implementation that includes low-latency CMAF support, which adds to Haivision's overall market leadership with the SRT open source initiative and the development of the Haivision SRT Hub intelligent cloud media routing platform.

"Haivision is a recognized leader and pioneer in video streaming with the Makito series of video encoders and the open-source SRT initiative. Epic Labs is a cutting-edge innovator in cloud development and AI for video streaming," said Mirko Wicha, founder and CEO of Haivision. "By bringing our visions together, we are poised to enable the delivery of revolutionary new end-to-end media solutions that will transform low-latency streaming workflows – from contribution and distribution, all the way to delivery and monetization."

"LightFlow brings a vast expertise and technology to improve video workflows leveraging artificial intelligence," said Alfonso Peletier, Founder and CEO of Epic Labs. "LightFlow finds in Haivision the scale and reach of the world leader in performance streaming. The joint team and technologies will accelerate our shared vision of delivering revolutionary cloud workflows to the market and the community."

"Innovation is at the heart of Haivision's cloud development efforts," said Mahmoud Al-Daccak, Haivision's CTO and EVP of Product Development. "Haivision is pioneering next-generation cloud video services made possible through intelligent media routing, AI-optimized media and metadata processing, as well as blockchain-enabled decentralized federated content distribution, opening new opportunities for more content providers to deliver video to ever-expanding audiences."

"With so much real-time data available throughout the media workflow, the magic dwells in understanding, learning, and adjusting continuously to achieve optimal results," said Miguel Serrano, CEO of LightFlow Media Technologies. "By applying artificial intelligence in different layers of the video workflow, we can harness the combined power of the cloud and edge processing to reinvent the way broadcast and media organizations produce, deliver, and monetize their content."

The LightFlow team, based in Madrid Spain, now augments Haivision's global development organization, which is headquartered in Montreal, with additional R&D offices in Portland, Chicago, Austin, and Hamburg.

About Haivision

Haivision is the leader in live video streaming technologies, providing more than 25,000 organizations globally with video solutions that help them stream broadcast-quality, low-latency video from anywhere. Founded in 2004, Haivision is a profitable, privately held company with headquarters in Montreal and Chicago, and regional offices located throughout the Americas, Europe, and Asia. To help solve the world's most difficult video streaming challenges, Haivision open sourced its award winning SRT low latency video streaming protocol in 2017 and founded the SRT Alliance, which now has over 250 industry leading companies supporting this new standard. Awarded an Emmy® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision is also recognized as one of the most influential companies in video by Streaming Media and one of the fastest growing companies by Deloitte's Technology Fast 500. Learn more at haivision.com.

SOURCE Haivision