ATEME has just closed a 6.5 million euro Capital Increase. This increase is an investment shared between A Plus Finance (new shareholder), existing shareholders and the management of the company.
ATEME develops MPEG-4 / H.264 video compression solutions and provides broadcasters, operators and content owners with unmatched compression quality and bandwidth efficiency.
Over the past decade the migration to High Definition and the analog switch-off have fueled the growth of the video compression market. In the coming years new expectations and uses including IP convergence, mobile phones and iPads, the de-linearization of video content, 3D and more are about to further revolutionize the media industry as a whole.
“Despite difficult market conditions in 2009, especially in our sector, ATEME was able to sustain its strategy of investment in innovation. This led us to outperform the market and achieve a healthy 30% growth in 2009. We now contemplate even faster growth in the first half of 2010“, states Fabrice Sana, ATEME CFO. “This Capital Increase will enable us to maintain our technology advantage, while strengthening our financials to support our prestigious customers with ever more ambitious challenges”.
“Because of its technological lead and an ambitious development plan, we are convinced ATEME video compression solutions will quickly become the must have in this sector”, adds Jean-Michel Pimont, Partner at A Plus Finance.
ATEME (ateme.com) was founded in 1991 and is head quartered in Bievres, France. A world-leading provider of MPEG-4/H.264 video compression solutions, ATEME's renowned technology supports multi format content, deployed across any platform - from mobile to Ultra HD delivery. ATEME provides broadcasters, operators and content owners with unmatched compression quality and bandwidth efficiency.
About A Plus Finance
A Plus Finance (aplusfinance.com) is an independent private equity firm based in Paris. A Plus Finance invests in innovative fields with a focus on information technology, e-commerce and sustainable development. Our team mixes entrepreneurs and finance professionals, thus bringing the managers an understanding of what good execution means and a long-term vision of exit strategies. Managing €275 million, A Plus Finance invests from €1 to €5 million per round of financing.
Legal : UGGC & Associés (Pascal Squercioni)
Financial due diligence: Mazars (Malick Ouattara)
Legal due diligence: Grand, Auzas & Associés (Sigmund Briant)
Legal : BCRF-Avocats (Thierry de Boissieu)
A Plus Finance : Jean-Michel Pimont, Pierre Loup
For French version, please visit: extranet.ateme.com/.