By site editor Dan Chung:
UK based video group Vitec have today announced that they have acquired the wireless transmission system maker Paralinx. This means that Vitec will now own two major wireless manufacturers, the other being Teradek. Vitec also purchased SmallHD a few months ago. This is a similar strategy to the one the brand has adopted for tripod makers, owning O’Connor, Manfrotto, Gitzo, Sachtler and Vinten.
From the Vitec press release it seems clear that Teradek will now be the main brand for cinema and TV users, while Paralinx will focus on indie filmmakers and drone users.
Here is the full press release from Vitec:
The Vitec Group Acquires Paralinx
The acquisition underscores Vitec’s commitment to progressive technologies
LONDON (March 2, 2015) – The Vitec Group has acquired the business of Paralinx, a California company known for its high-quality wireless video systems. Paralinx will be incorporated into the Vitec Group’s Videocom Division, complementing its existing brands.
Paralinx was founded by Dan Kanes and Greg Smokler, two members of the International Cinematographers Guild (ICG) who sought to develop a new wave of affordable, high-definition wireless video tools for professionals and enthusiasts alike. The company will join Teradek and SmallHD in Vitec Videocom’s Creative Solutions business unit.
“Like Teradek and SmallHD, Paralinx is another great example of the pioneering spirit that is so important to disrupting the professional video industry with game-changing products and top-notch customer support,” said Vitec Videocom CEO Matt Danilowicz. “By combining Paralinx’s deep understanding of the market with Teradek’s engineering acumen, both companies are positioned to develop truly cutting-edge technology tailored specifically to their customers’ needs.”
To adequately address the growing demand for wireless video devices, Paralinx will continue to innovate in the UAV and independent content creator spaces, while Teradek will focus on cinema and television applications.
“When we launched Paralinx in 2012, our mission was simple: to enable filmmakers to monitor wirelessly a camera’s HD recording in real time,” said Dan Kanes, co-founder of Paralinx. “We sought to bring a new level of freedom to video production, an essential link in digital cinematography. Now, in 2015, we are excited to be joining forces with Teradek and SmallHD, other innovators under the world-renowned Vitec Group, to continue empowering content creators with revolutionary technology and unparalleled support.”
Co-founder Greg Smokler added: “We started Paralinx because as end-users on the front lines of content production we weren’t getting the tools that we needed. This acquisition gives us the opportunity to collaborate with the talented engineers and product development team at Teradek and to make use of the Vitec Group’s manufacturing and operational might. We believe that the biggest winners out of this will be the people that helped us get to where we are today: our customers.”
