Exterity integrates as Vitec and presents its Prism IP transcoder

After its acquisition in April 2021, Exterity has officially become Vitec, coinciding with the presentation of Prism, the new high-performance IP transcoding platform.

This announcement marks the beginning of the successful integration of the French IPTV and digital signage provider Exterity in Vitec, after it was acquired by the latter (more details in Digital AV). According to the statement, the new organization, which has incorporated the orange distinctive of the integrated company into its logo, will continue to offer a wide range of solutions in all its markets, leveraging the combined experience of your teams.

This is what he points out Colin Farquhar, vp. senior sales officer at Vitec and former CEO of Exterity: “Since the acquisition a lot of work has been done behind the scenes, with business process integration, a deeper understanding of the combined product range and the union of teams. We have focused on uniting as 'one Vitec', exploring product integrations and shared technologies to better serve our customers”.

The current integrated company now has 375 employees in sixteen countries, and continues to work with Exterity staff and locations, so Vitec has acquired the company's rented building in Scotland, with the aim of boosting its operations this year.

Besides, Dubai-based team to move to newly acquired facility at Indigo Icon Tower, in DMCC free zone. Vitec plans to expand the team in the Middle East region, considered a key growth market.

Vitec Prism

In parallel, the company has jointly developed a next-generation, high-performance IP transcoder: Vitec Prism, enabling conversion of IP video content to the correct format to suit a wide range of devices and applications.

“When we acquired Exterity -explains Philippe Wetzel, CEO of Vitec- The intention was to accelerate growth and strengthen our position as an IPTV provider., video streaming and digital signage for corporate clients, government, of hotels, etc”.

Besides, Wetzel also highlights how both companies' technology and customer synergies will help expand their position., with more countries, vertical markets and partners.

“We have enjoyed the collaborative process of discovering more and learning from each other over the past few months, “and it is clear that the strategic acquisition will be enormously beneficial,” he says. “I am delighted that we are now all one Vitec working together to achieve our objectives.”.

Vitec has also designed a new website from which it will serve both its clients and channel partners as well as those who have joined Exterity., as reported by the company.