PlayStation: Games & Network Services
Music
Pictures: Movies & TV Shows
Consumer Electronics: Entertainment Technology & Services
Imaging & Sensing Solutions
Financial Services
New Initiatives
Delivering Excitement, Passion, Joy and Compassion to the World.
Pause
Play
Sony's Purpose & Values
News Releases
Corporate Blog
Our Business
Brand
Corporate Report
History
Corporate Data
Affiliated Companies
Sony's PurposeFill the world with emotion,through the power of creativity and technology.
Imaging and Sensing
Sony CSL
Sony AI Inc.
AI Initiatives
Sony Innovation Fund
VISION-S
Human-Centered Design
R&D Center
Technology That Inspires Emotion
Careers
World Map
Employees
Environment
Social Contribution
Diversity, Equity & Inclusion
Accessibility
Sustainability Report
Sony and Sustainability
Message from the CEO
Response to COVID-19
Creating a world filled with emotion. For the next generation.
Philosophy
Stories
Interviews & Lectures
Gallery
News
Create new values through the power of design.
IR News
IR Library
Earning Announcement
Corporate Bonds & Ratings
Investor Relations
Search
The press releases on this website are provided for historical reference purposes only. Please note that certain information may have changed since the date of release.
September 30, 2020
Sony Imaging Products & Solutions Inc. Sony Corporation
Tokyo, Japan - Sony Imaging Products & Solutions Inc. ("Sony") today announced that it is acquiring Nevion AS ("Nevion"), a leading provider of virtualized media production solutions, to further enhance its portfolio, providing end-to-end IP and cloud-based production solutions for broadcasting and other applications. Sony, which has been a minority shareholder in Nevion since July 2019, is purchasing the remaining shares in the company, and making it a subsidiary.
Sony has been at the forefront of IP-based production innovation for the past decade. In recent years, there has been an increasing demand in broadcasting and other business areas for remote production solutions and remote integration (REMI), as they allow resources such as equipment, facilities and even staff to be shared across locations in real-time, resulting in greater efficiency and effectiveness. The spread of COVID-19 has accelerated this trend, and the need of combining on-premise facility and cloud processing, enabling remote work and resource sharing, has become the basis of business continuity planning for the broadcast and production community. Since June 2019, Sony has had a strategic partnership with Nevion, and both companies have been collaborating to address those markets. This investment will enable Sony to build a much closer relationship with Nevion and lead to the delivery of more integrated solutions.
"We are always listening to our customers' feedback, pushing hard to deliver innovation that goes beyond their expectations. Through this investment, we will take the scope of IP-based remote production to the next level as one of our highly focused business fields", said Mikio Kita, VP of Media Solutions, Sony Imaging Products & Solutions Inc. "As the Sony Group, we pursue technologies to achieve `Remote', `Reality' and `Real time' solutions. With Nevion's acclaimed expertise, we will deliver more integrated and optimal experience for our customers."