Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×

EVS acquires MOG Technologies, invests in TinkerList

EVS said the acquisition of MOG Technologies will enable the company to broaden its premium live production ecosystem by expanding its file-based ingest and transcoding capabilities

EVS has announced the acquisition of MOG Technologies, which specialises in file-based and software-defined video solutions.

According to the company, the acquisition will strengthen its cloud-based services, enabling EVS to broaden its premium live production ecosystem by expanding its file-based ingest and transcoding capabilities.

MOG Technologies’ almost 50 staff based in Portugal will be integrated into EVS.

EVS CEO Serge Van Herck (left) and Luis Miguel Sampaio, CEO of MOG Technologies

EVS reported that MOG Technologies generates an annual revenue of approximately €4 million. The acquisition represents a value, including an earn-out mechanism, totalling below €5 million. The transaction is subject to certain closing conditions, which are expected to be fulfilled by Q4 this year, the companies said.