The investment will be used to expand support to the company's leading MSO customers, while accelerating the commercial deployment of Imagine's solutions for MPEG-4 encoding and transcoding.
Imagine offers scalable digital video platform, enabling system operators to cost-effectively increase both the quality and quantity of digital video services over virtually any system. The Imagine ICE platform can enable up to 50% more streams over existing infrastructure, while Imagine ICE-Q video quality measurement algorithms ensure the highest video quality at any given bit rate.
"This new capital enables us to accelerate the development and deployment of our real-time h.264 encoding, transcoding and streaming solutions to support the growing demand for Internet and mobile video content delivered in multiple formats, including 3D. The core innovations of ICE and ICE-Q are directly applicable to the TV Anywhere challenge," said Imagine's President and CEO, Jamie Howard.
Imagine was founded in 2005 by Doron Segev, SVP Technology and Architecture at Imagine Communications, and Ron Gutman, the company CTO. Imagine is headquartered in San Diego with R&D and engineering in Netanya, Israel." (source)
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