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)
Promotion Hire

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

18/07/2016
Artel Video Systems To Showcase Range At IBC 2016
Artel Video Systems has said it will demonstrate its range of media transport solutions at IBC 2016, Stand 10.B20. The display will include the DigiLi
22/07/2016
Maximising Signal Integrity And Reliability During Video Changeovers
In many broadcast applications, the ability to switch between two inputs or to choose between two outputs is essential, whether responding to a power
14/07/2016
New Video Wall Installed At Trickbox TV Studios
An interactive display wall as been installed at the studios of Trickbox TV. The installation was carried out by display company Multiaction. The disp
10/03/2014
MGL Video Celebrates 10 Years
UK-based Video production group MGL Media is celebrating its tenth anniversary this year. Producer Wayne Kelly reveals all... In some ways 2004 seems
14/06/2013
Archimedia And VideoQ Offer Custom Test Patterns for High-End Video
Archimedia Technology, a new company whose technology and applications bridge the gap between content producers and their archives without loss of qua
27/06/2012
Young Filmmaker To Shoot Video For Top UK Band
Hurtwood House, the UK’s top school for creative minds, in conjunction with MOFILM, leading crowdsourcing agency, today announced the launch of the in
13/08/2010
Akamai And Brightcove Join Forces On Global Online Video Experiences
Akamai Technologies, a leading provider of cloud optimisation services, and Brightcove, a leading online video platform, has announced a wide-ranging
09/02/2004
Gearhouse Broadcast announce Video Forum camcorder competition
Gearhouse Broadcast sales team have announced a competition to win a camcorder and a website auction as part of their attendance at this year's Video
07/05/2002
Holdan ship professional digital video editing solution
Holdan are now shipping Electronic Design’s DV Premiere, which provides professional digital editing facilities. The package includes a PCI style DV/I
15/07/2016
Video Devices To Demo New Features For PIX-E Series
Video Devices will demonstrate new recording capabilities for its PIX-E Series at IBC 2016. The PIX-E5, PIX5H and PIX-E7 4K-compatible recording monit
15/07/2016
Ross Video Launches Carbonite Black Solo
Carbonite Black Solo is packed full of features that deliver incredible video production horsepower in an amazingly compact and affordable package. Dy
12/10/2012
New FOR-A Video Switcher Selected For Twofour Reality Show
NEP company Roll to Record, the world leader in robotic camera systems and semi-permanent studio installations, has purchased a FOR-A HVS-350HS video
09/05/2012
Subfrantic Choose V-1600HD Multi Format Live Video Switcher
Subfrantic, supplier of high-end sound, lighting, staging and video equipment to the events industry have recently purchased the Roland V-1600HD Multi
21/07/2016
GTC Supports Paths Into The Industry
Careers in the media and creative industries show no signs of losing their appeal to young people but, with little or no 'on the job' television camer
13/07/2016
Guide For New Industry Creatives Published
A new guide for entrants into the UK's creative industries has been published. The book, Breaking Into UK Film and TV Drama, has been written by indus