M&A Deal Summary

Vitec Multimedia Acquires T-21 Technologies

On January 28, 2019, Vitec Multimedia acquired technology hardware company T-21 Technologies

Acquisition Highlights
  • This is Vitec Multimedia’s 2nd transaction in the Technology Hardware sector.
  • This is Vitec Multimedia’s 3rd transaction in the United States.
  • This is Vitec Multimedia’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-01-28
Target T-21 Technologies
Sector Technology Hardware
Buyer(s) Vitec Multimedia
Deal Type Add-on Acquisition

Target

T-21 Technologies

Jacksonville, Florida, United States
T-21 Technologies LLC is a provider of OTT streaming media solutions for media operations, broadcasters, and content owners worldwide.

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Buyer(S) 1

Buyer

Vitec Multimedia

Sunnyvale, California, United States
Category Company
Founded 1988
Sector Media
DESCRIPTION

VITEC has played a leading role in the design and manufacture of hardware and software for video encoding, decoding, transcoding, recording, conversion, archiving and streaming over IP.

DEAL STATS #
Overall 4 of 4
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Telairity

Santa Clara, California, United States

Telairity, Inc. is a provider of H.264 encoding workflow solutions to broadcasters worldwide. Telairity, Inc. was founded in 2001 and is based in Santa Clara, California.

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