ATEME Report 24% Revenue Increase in 2014
Paris, France, Feb. 11, 2015--Video delivery solutions provider ATEME, today announced record results for 2014 in terms of corporate growth, geographic expansion and revenue. ATEME reported increased annual revenues by 24 percent to €25.4 million in 2014 over 2013 total annual sales of €20.6 million.
2014 represents the third year of consecutive growth for the company with an increase of customers in the portfolio, where the largest customer represents 12.6 percent of revenues.
ATEME also reported ensured product and innovation leadership by increasing R&D resources at its Paris headquarters and a new R&D center in Rennes, France following the acquisition of the intellectual property of Emsytech, an audio software solutions company whose technology provides ATEME with a state-of-the-art audio-leveling engine and a new set of audio compression CODECs.
Michel Artieres, CEO of ATEME, said: "We have a well-established, worldwide footprint and 2014 allowed us to solidify our base for growth. We are now the trusted technology partner in video compression for 200 customers from around the world. We will continue with investment strategies to provide full, flexible software solutions and to become a more agile solutions provider."