Imagine Communications Acquired by Harris Broadcast
Bowen Advisors Serves as M&A Advisor to Imagine
BOSTON, January 16, 2014 – Bowen Advisors, Inc., a Boston-based mergers & acquisitions and strategic advisory firm focused on growth technology companies, is pleased to announce that Imagine Communications, a leading innovator in digital video solutions that deliver bandwidth-efficient services with optimum video quality, has been acquired by Harris Broadcast. Bowen Advisors provided sellside M&A advisory services to Imagine.
According to Harris Broadcast, “The advanced Adaptive Bit Rate (ABR) technology created by Imagine combines quality, density and a small footprint to greatly leapfrog anything else on the market today and improves transcoding economics up to a factor of 10 over competing alternatives. The acquisition enhances Harris Broadcast’s already robust solutions portfolio as the company builds the first true MultiService SDN™ (Software Defined Network), integrating sales, scheduling, automation, playout and delivery throughout both linear and non-linear content distribution networks.”
“The acquisition of Imagine Communications further demonstrates our position as leading advisor to companies in the video content, preparation, delivery and advanced advertising segments”, said Paul Bowen, President of Bowen Advisors. “The explosive growth of mobile, over-the-top and multiscreen video will lead to accelerating strategic activity in this dynamic market. We look forward to continuing to assist innovative companies in this sector with M&A and capital raising.”
Our work with Imagine represents the continuation of our tradition of providing the finest strategic advisory services to growth technology companies. Please visit www.bowenadvisors.com for more information on our services and other recent transactions, including:
- Pending sale of PT (diameter signaling) to Sonus Networks
- BroadSoft’s acquisition of finocom (UCaaS)
- Divestiture of Xtera‘s WAN optimization business to Fortinet
- BroadSoft‘s acquisition of Exario Networks (SaaS videoconferencing)
- Sale of Livewire (mobile entertainment applications) to OnMobile
- BroadSoft‘s acquisition of Hipcom (UCaaS)
- SilverSky‘s acquisition of StillSecure’s managed security services business
- Sale of KZO Innovations (social video collaboration) to Peoplefluent
- Divestiture of VPI‘s photonics design automation software business to SaM Solutions
