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Jupiter Systems Announces Acquisition of Teranex, Leading Supplier of High Performance Video Processing
Posted on Wednesday, June 17, 2009

 

 

 

 

 

 

 

 

 

Latest acquisition provides Jupiter with rich base of technology in video conversion and extends market into broadcast arena

 

Orlando, Florida, InfoComm 2009 – June 17, 2009 -- Jupiter Systems (www.jupiter.com), the industry leader in display wall processors, today announced its acquisition of Teranex (www.teranex.com) Systems, a leading manufacturer of high-performance video processing platforms for the post-production, and broadcast industries.  Teranex, headquartered in Orlando, Florida, will be a wholly-owned subsidiary of Jupiter Systems.

“Teranex is a strategic acquisition for Jupiter Systems,” said Eric Wogsberg, Jupiter founder and CEO.  “Its technology, solutions, and market complement our own efforts and its high-quality video processing technology enables us to provide our customers with even higher levels of video quality--extending Jupiter’s reach from the command and control market into the broadcast arena.”

“This is an exciting milestone for our company,” said Mike Poirier, General Manager of Teranex. “We look forward to becoming part of Jupiter Systems.  Jupiter’s global reach, widely recognized brand name, strong systems and networking expertise and worldwide customer relationships make it an ideal partner for Teranex.”

Teranex will continue to support its customers and its sales channels with its own sales force and will continue its long tradition of developing superlative video processing products based on its patented SIMD architecture.