Advanced Television

Nevion and T-VIPS complete merger

January 16, 2013

Nevion 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.

Categories: Articles, Business, M&A