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Thought Equity Motion Acquires Panvidea To Streamline Video Delivery
Cloud-based video platform Thought Equity Motion has acquired Panvidea, bringing together two complimentary companies that are focused on streamlining digital video management, work flow and delivery. Thought Equity's CEO/founder Kevin Schaff and Panvidea's CEO/co-founder Chris Cali (who will become VP, Platform Technologies) briefed me on the deal.
The big picture here is that as digital delivery to multiple devices gains steam, the back-end processes of getting high value content quickly, securely and cost-effectively to the right places becomes critical. Distributing via tape with lots of manual steps involved isn't acceptable any longer. Kevin sees Panvidea's platform, which manages the full spectrum of video preparation (ingest, storage, customization, transcoding and delivery to multiple platforms/devices), as complimenting Thought Equity's platform which is focused on master file and archive management. Combining the capabilities is intended to give content providers a full end-to-end solution.
Categories: Deals & Financings, Technology
Topics: Panvidea, Thought Equity Motion
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Panvidea Positions As "Post-House in the Cloud" With Move to Joyent
Panvidea, a leader in digital media preparation is positioning itself as a "post-house in the cloud" with its move to Joyent's Smart Technology
infrastructure hosted by SwitchCloud. Panvidea's CEO Chris Cali and VP of Marketing Doug Heise brought me up to date on the initiatives a couple of weeks ago.
Panvidea is working with various media/entertainment companies like A&E, Fox and Getty Images to move their digital video production processes into the cloud. As Chris and Doug explained, traditional post-production houses have performed both craft services and more fundamental media creation services. It is these latter services - storing, processing, packaging and distributing digital media - that Panvidea is looking to automate, while having post-houses still concentrate on the high-skill craft roles.
Categories: Technology
Topics: Joyent, Panvidea, SwitchCloud
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