Verizon buys Volicon
March 16, 2016
Verizon Digital Media Services has acquired broadcast monitoring and content archiving company Volicon, the terms weren’t disclosed.
According to Bob Toohey, president of Verizon Digital Media Services, Volicon will improve Verizon’s ability to offer a ‘seamless option’ for repackaging existing broadcast feeds and channels for cloud-based OTT services. A key Verizon offer for all kinds of content owners is a fast route to a packaged OTT service.
Volicon’s broadcast and network applications are used to monitor and record broadcast and OTT feeds for quality control, compliance, and ad-verification are used by ABC, Disney, BBC, CBS and others.
Eli Warsawski, CEO of Volicon and cofounder in 2004, said: “We are pleased to become part of the Verizon family and recognize tremendous alignment of our vision. This undertaking represents a strategic opportunity for our products to evolve and for our customers to greatly benefit.”
Toohey added: “With the shift to all things digital, mobile and video, we are committed to enabling all creators, publishers and broadcasters to bring their content to the Internet, with the highest quality and a trusted partner globally. Volicon’s role as a trusted provider to more than 1,200 broadcast and video operators around the world, combined with deep expertise in video monitoring and analysis, will improve visibility, transparency, and quality of our clients content and ads over our global delivery footprint.”