Sony acquires Nevion

Sony acquires Nevion

As you may have read or heard, Sony, which has been a minority shareholder in Nevion since July 2019, is purchasing the remaining shares in the company. After the acquisition is completed, Nevion will be an independent entity within Sony.

With the market increasingly demanding transformative IP solutions with a larger footprint, Nevion has been looking for a partner that could complement its offering and increase market reach. At the same time, Sony has been seeking to further enhance its portfolio, providing end-to-end IP and cloud-based production solutions for broadcasting and other applications.

The Sony and Nevion partnership, agreed over a year ago, and the excellent subsequent collaboration between the organizations, have made it clear that there is a great complementarity and synergy potential, which can only be fully realized with a much tighter relationship. This new agreement will enable Nevion to take its products and solutions to the next level.

Together with Sony, Nevion can now offer customers one-stop shopping of more integrated, flexible, scalable and future-proof solutions, and with the backing and resources of a much larger organization.