The Vitec Group Acquires Paralinx

The Vitec Group has has announced it has acquired the business of Paralinx.

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."

Paralinx will continue to innovate in the UAV and independent content creator spaces, while Teradek will focus on cinema and television applications.

(CD)