Artel Acquires ARG ElectroDesign Intellectual Property
Westford, Mass, August 29, 2017--Artel Video Systems today announced the acquisition of selected intellectual property from ARG ElectroDesign.
The transaction provides Artel with core IP switch technology from the Quarra 1G and 10G IP Switch family. In addition, Artel will take over the Automatic Repeat Query (ARQ) product line, which serves Reliable Internet Streaming Transport (RIST) for video applications.
“As we continue to expand our IP portfolio with organic developments, we also look for key technology partners to support the additional areas of our short- and midterm product roadmap,” said Mike Rizzo, President and CEO of Artel. “Our broadcast, government, and service provider customers are asking us to bring new and innovative products to market to support the IP transition within their workflows. These products will enable us to further enhance our position by providing four new IP-centric products to market immediately.”
In April, Artel announced a strategic, exclusive partnership to distribute both product lines in the North American market. As a result of this transaction, Artel will now manufacture and distribute the Quarra and ARQ product lines at its North American headquarters in Westford MA.
Richard Bell, previous Chief Technology Officer of ARG, has joined Artel on a full-time basis in an engineering leadership role.
In addition to expanding the company’s IP portfolio, Artel will be establishing its relationship with industry partners and growing its distribution channels, according to the company.
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