WUPPERTAL, Germany -- Oct. 9, 2013 -- Riedel Communications, a leading provider of real-time video, audio, data, and communications networks, today announced that it has acquired Düsseldorf-based mobile streaming specialist Code One. As a developer of solutions for video streaming over wide area networks (WANs), Code One brings Riedel a valuable portfolio of WAN-focused solutions, as well as innovative technology for distributing video, audio, and data via mobile networks.
"In order to guarantee further expansion of our company, we needed a partner with the capacity to support our portfolio in a competent and future-proofed manner," said Code One CEO Sven Hanten. "Riedel Communications is an experienced company that offers a positive business environment, including a firmly established presence in key markets and a strong financial position, that will fuel our ongoing and future development of innovative solutions."
Code One video streaming technology enables broadcasters and other content producers to achieve greater mobility in live production environments. The company's application-oriented products empower users to distribute live content anywhere, at any time. Engineered to reduce the complexity of live broadcasting, Code One solutions assure straightforward signal distribution with maximum independence.
"Code One complements our portfolio perfectly," said Thomas Riedel, CEO of Riedel Communications. "This young company's key areas of expertise, such as mobile streaming and innovative solutions for data transmission, offer Riedel unique technology that we can use to elevate our solutions to a new level."
Further information about Riedel and the company's products is available at www.riedel.net.
Photo Link:www.wallstcom.com/Riedel/CodeOne.zip
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About Riedel Communications
Riedel Communications designs, manufactures, and distributes pioneering real-time video, audio, data, and communications networks for broadcast, pro audio, event, sports, theater, and security applications. The company also provides rental services for radio and intercom systems, event IT solutions, fiber backbones, and wireless signal transmission systems that scale easily for events of any size, anywhere in the world. Founded in 1987, the company now employs more than 400 people at 11 locations in Europe, Asia, Australia, and the Americas.
