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Haivision Celebrates Initial Public Offering and Debut on Toronto Stock Exchange

Published: 2020-12-17

Haivision today announced the company is “celebrating an important milestone”—its debut on the Toronto Stock Exchange under the symbol HAI.

Founded in 2004, Haivision is recognized worldwide as “an innovator in connected cloud and intelligent edge streaming technologies that fuel real-time video for global organizations,” according to the company announcement.

The company’s solutions are used for mission critical applications and broadcast quality, real-time video streaming and networking by Fortune 500 enterprises, governments, broadcasters, e-sports, defense, and other industries.

“Mission-critical real-time IP video is transforming the way organizations operate and promotes better informed decision-making,” said Mirko Wicha, president and CEO of Haivision, in the company announcement.

“Haivision is at the heart of the accelerated adoption of IP video across all industries. Listing on the TSX heralds in the next phase of our evolution, will continue to drive our innovation in live IP video and cloud networking and accelerate our growth,” said Wircha. 

Beyond the Haivision IPO

Haivision in July announced the acquisition of Teltoo (US) Inc., a company that focuses on peer-to-peer (P2P) and WebRTC enabled real-time video delivery.

The acquisition “extends Haivision’s expertise in cloud-connected live video from contribution and distribution, now through to delivery,” according to the joint announcement.

It also “enables Haivision to apply its machine learning and artificial intelligence capabilities against real-time network analytics to optimize complete edge-to-edge low latency video workflows,” the announcement says.

Haivision will be integrating the Teltoo technology across its products “to deliver the highest quality viewer experience to audiences around the world,” the announcement says.

The Teltoo acquisition comes eight months after the company’s purchase of LightFlow Media Technologies S.L. With both entities based in Madrid, Spain, the teams will join forces to “augment Haivision’s global development organization.”

Haivision is headquartered in Montreal with additional research and development offices in Portland, Chicago and Hamburg.

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