MONTREAL, May 1, 2024
/PRNewswire/ - Haivision Systems Inc. ("Haivision") (TSX:
HAI), a leading global provider of mission-critical, real-time
video networking and visual collaboration solutions, is proud to
announce its 20th anniversary – a significant milestone that
highlights the company's leadership and innovation in
mission-critical, live video solutions.
Since its founding in Montreal
in 2004, Haivision has been at the forefront of live video
technology, providing cutting-edge solutions that empower the
Fortune 500, government and defense organizations, and media and
entertainment companies to drive remote connectivity, awareness,
better decisions, and faster responses with real-time
mission-critical video.
Over the past two decades, Haivision has revolutionized the way
video is used for mission-critical applications, with a focus on
security, reliability, performance, and quality. The company is
proud to serve an impressive list of customers and major events
including Microsoft, META, Salesforce, NYSE, RBC, Olympics, FIFA
World Cup, NHL, Fox Sports, NASCAR, MLB, U.S. Department of
Defense, SpaceX, and NASA.
Key highlights in Haivision's 20-year history include:
- Eight strategic acquisitions (four in the U.S., two in
Spain, one in Germany and one in France)
- 360 employees in Montreal and
across the Americas, EMEA, and APAC
- $140 million in revenue in fiscal
year 2023
- 22.1% CAGR (compound annual growth rate) since its
founding
- 17 years of positive Adjusted EBITDA
- A debut on the Toronto Stock Exchange (TSX: HAI) in
December 2020
Haivision's journey has been marked by numerous achievements,
including the development of the award-winning Makito video encoder
series, the invention of the SRT video transport protocol which has
become the most widely adopted protocol in the industry, and
four Emmy® Award wins for technology and engineering innovation.
These milestones reflect Haivision's dedication to excellence and
its role as a trusted provider of mission-critical video
solutions.
"Twenty years ago, we set out to change the real-time,
low-latency, live video networking landscape," said Mirko Wicha, Founder and CEO of Haivision.
"Today, we celebrate not just the success of Haivision, but also
our customers, partners, and dedicated employees that have been
integral to our journey. We are incredibly proud of the impact
we've had on the industry and are excited for the future as we
continue to push the boundaries of what's possible in ultra-low
latency live video."
The Haivision team will celebrate its 20th anniversary at
company events and major tradeshows throughout the year. For more
information about Haivision, please visit:
https://www.haivision.com.
About Haivision
Haivision is a leading global provider
of mission-critical, real-time video networking and visual
collaboration solutions. Our connected cloud and intelligent edge
technologies enable organizations globally to engage audiences,
enhance collaboration, and support decision making. We provide high
quality, low latency, secure, and reliable live video at a global
scale. Haivision invented the award-winning SRT low latency video
streaming protocol and founded the SRT Alliance to support its
adoption. Awarded four Emmys® for Technology and Engineering from
the National Academy of Television Arts and Sciences, Haivision
continues to fuel the future of IP video transformation. Founded in
2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support
located throughout the Americas, EMEA, and APAC. To learn more,
visit Haivision at haivision.com.
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SOURCE Haivision Systems Inc.
