Origin Digital Completes Acquisition of Video Applications Company.Acquisition Extends Origin Digital's Footprint in Video Application Services See ASP and Web services. Market SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- Origin Digital, Inc., a video applications service provider, today announced it has acquired the video software applications company, InterData Software, Inc. (IDS). The acquisition of IDS enables Origin Digital to extend its video and digital media solutions and further diversifies Origin's geographic presence adding an office in Denver, CO. "The acquisition of IDS ideally reinforces our capability to lead the market in digital media services, specifically the management and reporting of video and content," said Darcy Lorincz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Origin Digital. "We are thrilled to be working with key members of the IDS management and engineering team and together look forward to continued growth and market share for our business in this burgeoning global Video ASP market." IDS was founded in 2001 and specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. in building integrated web marketing solutions, incorporating workflow, media buying and planning, creative insertion, ad delivery, and especially in strong reporting and tracking. The company created a comprehensive IP video management solution with proprietary technologies for brokering IP video delivery across platforms and channels. The medium and platform independent system will add to the foundation of Origin Digital's Odaptor solution. Origin Digital enables content creators See content provider. , distributors and operators to extend their digital media presence, and launch broadcast quality programming quickly and efficiently across mediums and geographies. Providing a single source, Origin Digital offers virtual production, broadcast, and transformation applications that can be delivered across the company's seamless global infrastructure. Building on a legacy of innovation, Origin Digital continues to be an industry originator Originator A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting . It was the first company to offer an on-line production center in the market; the first to launch a Video Serving Portal; and the first to deliver live pay-per-view entertainment over the Internet. About Origin Digital Origin Digital, Inc. is a global video applications service provider that applies the rigors of broadcast to the management, distribution and delivery of all forms of digital content. Origin Digital enables content creators and distributors to extend their digital media presence through its physical and virtual production, broadcast and infrastructure facilities. Through its network of strategic partners and directly via global points of presence, Origin Digital provides hosted applications, tools and services to simplify digital media management, transformation and distribution. Origin Digital is closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people. In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist. , and is headquartered in the New York Metro For the region, see . Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. Area. For further information visit www.origindigital.com. |
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