Video Software Solutions (SPVSS) group has been rebranded Synamedia following the completion of its acquisition by equity investment group Permira.
The company boasts a workforce of thousands located primarily in the US, UK, Israel, India, Belgium, China and Canada.
The new company—which Cisco sold to Permira—holds a global portfolio of 590 patents, encompassing Cisco’s Infinite Video Platform, cloud digital video recording, video processing, video security and client software. Synamedia’s global team provides end-to-end video services to customers spanning advisory, delivery, implementation, training, system integration and customer support.
https://www.tvtechnology.com/news/ciscos-former-video-division-rebranded-as-synamedia