"By acquiring Vidispine, Arvato Systems have taken another step towards the digital future," said Matthias Moeller, CEO, Arvato. “Our customers will benefit significantly from the integration of technology, products and expertise from both companies. We can now support them even better on their way to digital transformation and the implementation of new business models."

The Vidispine content management platform Vidispine Server is described as a backbone for the creation, management, storage and processing of digital content. VidiXplore is a software-as-a-service (SaaS) solution, that allows teams to manage video across a variety of storage locations, regardless of whether they are in the cloud or on-premise. Vidinet, a platform-as-a-service (PaaS), is for access to scalable cloud solutions for transcoding, QC, metadata harvesting and more.

Vidispine was founded in 2009 by CEO Erik Åhlin and CTO Isak Jonsson in Stockholm. In the new Arvato Systems Group shareholder structure, both will continue in their previous roles at Vidispine.

"We are delighted that the existing partnership with Arvato Systems will enable an even more intensive integration of our solutions and a joint market launch," says Vidispine CEO Erik Åhlin. "For us, the Arvato Systems solutions fill many gaps, both in terms of technology and market coverage. Together, we can better support our customers with cloud-based state-of-the-art solutions."