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Nevion and T-VIPS Complete Video Transport Merger

Nevion and T VIPS Complete Video Transport Merger
Nevion and T VIPS Complete Video Transport MergerNew company aims to disrupt the professional media transport market

Sandefjord, Norway, 16 January 2013Nevion and T-VIPS, pioneers of media transport for broadcasters, service providers and government entities worldwide, have announced that the merger of the two companies is complete. The new company, named Nevion, is committed to preparing customers for the next generation of media transport from acquisition to the home.

“After more than 25 years Nevion continues to be an innovator in professional media transport and delivery,” said Geir Bryn-Jensen, CEO, Nevion. “As broadcast, IT and telecoms technologies converge, the new Nevion will continue to help customers take advantage of this disruptive change in the market. We’re influencing the future of media transport and delivery, and enabling emerging business models with integrated solutions for managed media services over IP, optical and terrestrial networks.”

Management from both Nevion and T-VIPS join Bryn-Jensen on the new management team. Former T-VIPS CEO Johnny Dolvik joins as chief strategy officer, COO and CFO Janne T. Morstøl becomes chief product and marketing officer, and chief commercial officer Arnhild Schia continues her role in the new Nevion organization. Existing Nevion management team members Eugene Keane, CTO, Nils Fredriksen, CFO, and Petter Kvaal Djupvik, COO, will continue in their positions on the new team.

Media contacts: Red Lorry Yellow Lorry

EMEA enquiries: Tristan Earl, t: +44 (0)20 7403 8878, e: tristane@rlyl.com

Americas/Asia enquiries: Kim Willsher, t: (+1) 310 569 2603, e: kimw@rlyl.com

About Nevion

Building on a heritage of innovation and pioneering firsts, Nevion is a leader in media transport – from the camera to the home. A result of two industry-leading companies – Nevion and T-VIPS – coming together in late 2012, Nevion’s approach to innovation is driving the convergence of broadcast, IT and telecoms technologies.

Through long-term strategic relationships with partners and customers, Nevion delivers content for major sporting and live TV events worldwide. Some of the world’s largest media networks are built on Nevion technologies – including AT&T, Arqiva, BBC, BT, CCTV, EBU, TDF, Telefonica, Telenor and NASA.

Nevion fully manages all network types – from legacy infrastructure upgrades to entirely new digital systems – with intelligence, automation and security built-in, helping customers monetise content, save resources, and open doors to new revenue streams.

Nevion’s world headquarters are in Norway with Americas headquarters in California. Nevion also maintains offices in the UK, Dubai, Beijing and Singapore. For more information please visit www.nevion.com.

Nevion and T VIPS Complete Video Transport Merger
Nevion and T VIPS Complete Video Transport Merger