Broadcast News

Bookmark and Share
17/12/2004

PESA Switching Systems acquired by QuStream

PESA Switching Systems, a leading provider of analogue and digital video and audio equipment, has been acquired by the private equity group QuStream Corporation, which intends to support the continued growth of PESA through further investment in product development and additional acquisitions.
QuStream Corporation's founder, president and CEO is industry veteran Fred Godard, whose experience includes tenure as president of Leitch during its growth phase in the late 1990s.
With the acquisition, PESA has appointed Steve Miller to the position of president and COO. Miller joins PESA from Thomson Broadcast, where he spent the past four years as Director of Engineering for modular products. Previously he spent 18 years with Leitch in various roles, including Vice President/COO of the server division, Vice President of sales, and Vice Ppresident of engineering. Miller will relocate to PESA's Huntsville office.
"QuStream has been seeking the right organisation with the right product line to serve as the cornerstone of a larger industry group that will address the needs of today's broadcasters and video professionals," said Godard. "The industry is in a period of rapid change, and with PESA's solid product line, reputation for technology leadership, well-tuned sales organization, and attention to customer support, the company has an established position in today's market. We believe that with some additional investment and strategic direction the company will become a global leader in the professional video marketplace."
(GB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

12/10/2017
Further Support For Irish Film & TV Industry
Bord Scannán na hÉireann/the Irish Film Board (IFB) has welcomed the announcement of an additional €1.5 million for Ireland's film, television and ani
05/07/2017
Writing A Video Brief
Writing a brief for your video is usually the first place to start when commissioning a video project. This can conjure up images of huge documents pa
04/07/2017
AJA Video Systems Releases Desktop Software v13
AJA Video Systems has released its Desktop Software v13 for its KONA, Io and T-TAP products. Additionally, a new KONA IP firmware license option for J
18/10/2017
Video Clarity To Exhibit At SMPTE 2017
Video Clarity has announced that it will demonstrate a number of its products and solutions at SMPTE 2017 next week. One of the products on display wi
28/04/2017
New Era For VICE Media With Tata Communications
Tata Communications has announced it has been chosen by VICE Media to build a high-performance, completely cloud-based platform for global media asset
18/09/2017
RTS Expands Product Portfolio
RTS has increased its product portfolio with the addition of the new LH-Series headsets, which are available worldwide now, and are currently on displ
21/03/2017
Product Review: The PXW-FS7 MK II
What's the difference between the FS7 MK I and the FS7 MK II? Article credit: Shift 4. The PXW-FS7 MK II was unveiled by Sony towards the end of last
21/09/2017
President Of DSC Laboratories Scoops Prestigious Award
DSC Laboratories has announced that its president, David F.E. Corley will be awarded the prestigious Camera Origination and Imaging Medal from Society
10/08/2017
John Cleary Named President Of Joseph Electronics
John Cleary has been named as the president of Joseph Electronics, effective immediately. He takes over the role from owner Yohay Hahamy who continues
25/07/2017
Kozo Nagao Announced As New President Of Leader Electronics Corporation
Leader Electronics Corporation has announced the appointment of Kozo Nagao as President with effect from July 1, succeeding Noboru Kitagawa. Kozo Naga
07/07/2017
Axon Digital Design Celebrates 30 Years In The Broadcast Industry
Axon Digital Design is celebrating 30 years in the broadcast industry. The firm has also announced it will showcase a range of infrastructure products
25/04/2008
QuStream Celebrates 35th Anniversary Of Its Routing Technology
QuStream Corporation has announced the 35th anniversary of its routing technology. Originating in 1973 as Communication Technology Inc., located at Hu
16/04/2014
PESA Xstream Live Receives Best Of Show Award At NAB
PESA's Xstream Live streaming mobile solution received the NewBay Media Best of Show Award presented by Digital Video magazine at this year's NAB Show
04/12/2013
Joe Hallman Joins PESA As Marketing Manager For PESA Xstream
PESA, US-based custom design and manufacturing company for professional audio and video signal distribution, has announced Joe Hallman as marketing ma
12/06/2017
Artel Video Systems To Demo 4K/UHD Solutions
Artel Video Systems has announced that a number of its solutions and products will be on display at a number of upcoming industry shows. The company's