Triple IT sells Mobile Viewpoint to Vislink

Transaction summary

HACKETTSTOWN, NJ (USA) and ALKMAAR (NL), August 16, 2021 – Vislink (Nasdaq: VISL), a global technology leader in the capture, delivery and management of high quality, live video and associated data in the media & entertainment, law enforcement and defense markets, today announced it has closed the acquisition of Mobile Viewpoint for a total consideration of $18.3 million (€15.5 million). Mobile Viewpoint, a subsidiary of digital agency Triple IT, is headquartered in Alkmaar, the Netherlands. It is an innovator in mobile live streaming solutions, including 5G & bonded cellular and AI-based technologies for news teams, TV production companies, outside broadcast facilities, security and public safety agencies.

Mickey Miller, CEO of Vislink, said: “Mobile Viewpoint provides us with innovative technologies and solutions that, combined with Vislink’s capabilities, will enable our customers to acquire and deliver video over any preferred public or private network. This presents a tremendous growth opportunity for us as 5G and other new networks, along with machine learning, are about to revolutionize how video is produced and transported. This acquisition means that we can now make the most of these transformative live video trends and bring high-quality live production to events that were historically economically challenging to produce like amateur and semi-pro athletics. Mobile Viewpoint also brings us very exciting AI-driven automated production and camera solutions, as well as a pioneering development team that has a history of being first to market with solutions that make a real difference, including support for multi-camera/REMI production, H.265, 5G and Starlink.”

Michel Bais, Managing Director of Mobile Viewpoint, said: “It is exciting that Mobile Viewpoint will now be part of delivering Vislink Connected Edge solutions. Being part of a larger entity will enable us to accelerate our innovative product roadmap. It also opens up the military, government and American markets for us. It’s been a fascinating and rewarding journey over the last ten years, but the time is right to join with Vislink to ensure we continue to excel and be first to market with transformative solutions. With almost zero overlap in solutions and markets, together, Vislink and Mobile Viewpoint will be much more than the sum of their parts.”

Official press release: click here

Emendo Capital acted as exclusive financial adviser to Triple IT.

About Mobile Viewpoint

With global customers including major broadcasters and TV production companies, Mobile Viewpoint is a global innovator in mobile live streaming solutions for Outside Broadcast and surveillance solutions. With over 10 years of broadcast experience, it continues to innovate its WMT line of mobile encoders for live streaming over 4G and 5G, and continues to be a world leader in developing AI solutions for automated news and sports productions for automated sports production. Based in the Netherlands, customers include BBC, Sky Sports, Eurovision, RTL Group, Discovery, Eurosport, NEP, Al-Arabiya, FC Ajax and the Premier League as well as a range of law enforcement and emergency first responders.

For additional information on Mobile Viewpoint, visit www.mobileviewpoint.com

About Triple IT

Founded in 1998 and with its headquarters in Alkmaar, the Netherlands, Triple IT is a company that specializes in information technology and services. It is full-service innovative digital agency, offering digital solutions, mobile apps & websites, content streaming solutions, and hosting services. It is a digital partner to A-brands, such as VodafoneZiggo, Heineken, citizenM, ANWB and F1-driver Max Verstappen.

For additional information on Triple IT, visit www.wearetriple.com

About Vislink

Vislink is a global technology business specializing in the collection, delivery, and management of high quality, live video and associated data from the scene of the action to the viewing screen. For the broadcast markets, Vislink provides solutions for the collection of live news, sports, and entertainment events. Vislink also furnishes the surveillance and defense markets with real-time video intelligence solutions using a variety of tailored transmission products. The Vislink team also provides professional and technical services utilizing a staff of technology experts with decades of applied knowledge and real-world experience to the areas of terrestrial microwave, satellite, fiber optic, surveillance, and wireless communications systems, to deliver a broad spectrum of customer solutions.

For additional information on Vislink, visit www.vislink.com