Jupiter Systems Announces Acquisition of Teranex, Leading Supplier of High Performance Video Processing

June 19, 2009

Source: Jupiter Systems

Latest Acquisition Provides Jupiter with Rich Base of Technology in Video Conversion and Extends Market into Broadcast Arena

Jupiter Systems, provider of display wall processors, announced its acquisition of Teranex 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.

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