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VITEC Acquires Exterity

VITEC Acquires Exterity

VITEC announced the acquisition of Exterity Limited, a provider of integrated IPTV, digital signage and user engagement technologies. The move signals VITEC’s intention to accelerate growth and strengthen its position. VITEC believe the technology and customer synergies between the two companies will enable it to extend its reach into new geographies, market verticals and partners.

Exterity CEO Colin Farquhar will remain a central part of the leadership team of the combined company.

The combined engineering teams will develop a strategy to migrate the existing IPTV and Digital Signage portfolio into a converged platform to offer a wider range of solutions to customers. VITEC will now have almost 200 engineers across its global development centers, which will immediately begin working together to leverage the expertise of the embedded teams.

VITEC is connecting with Exterity’s broad network of integrators and partners to provide more information about acquisition and will continue to support Exterity customers during this transition.

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S&C august 2021 digital edition
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