Cognacq-Jay Image Acquires BeBanjo
A major acquisition was announced today as Cognacq-Jay Image, the French provider of broadcast and broadband technical services, picked up BeBanjo, the Spanish back-office software vendor. BeBanjo's tools are used by teams managing on-demand services.
By combining, the two companies will be able to offer complete digital media solutions for both linear and non-linear platforms. They'll target platforms operators, broadcasters, and content owners, offering a full-service solutions for distributing media to multiple devices, platforms, and countries.
BeBanjo will now join Cognacq-Jay Image and SmartJog in the TDF Group Multimedia Business Unit. It will continue to be headquartered in Spain and will keep its own distinct identity.
"We're thrilled to be joining forces with Cognacq-Jay Image and to benefit from their technical leadership, their vast knowledge of the media business and their successful video processing services. It enables us to continue and expand on our mission of creating the world's best back-office for companies looking to optimize their non-linear media workflow," says Bastian Manintveld, BeBanjo's founder.
"With the acquisition of BeBanjo, Cognacq-Jay Image is broadening its expertise in the management and processing of multimedia content. We now are in a unique competitive position where we can service our customers across many different video platforms through our MediaOnDemand offer," says Régis Martin, deputy CEO of Cognacq-Jay Image.
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