Net Insight

måndag, mars 30, 2020

Covid 19 impact and update on capital redistribution

Stockholm, Sweden – Extensive impact on society in combination with canceled or postponed sports events and leagues affect Net Insight. Capital redistribution plans are being pushed forward in time.

The outbreak of the Covid 19 pandemic has already had far-reaching effects on society and the economy. As of today, many of Net Insight's geographical markets are still in the early stages of the outbreak. This, combined with great uncertainty about the virus's continued spread and impact on the economy, makes the effects on Net Insight's business difficult to predict. The business situation during the first months of 2020 was positive. Cancelled or postponed sports events and leagues in combination with travel and visitor restrictions, and a general increase in uncertainty and caution on the part of Net Insight's customers have had a negative financial impact at the end of the first quarter. This will most likely also have a negative impact on the second quarter. The company actively monitors the development and takes continuous measures to limit the negative effects.

The Board will not propose any form of capital redistribution to the next Annual General Meeting. Given the current uncertainty in the market, decisions on the forms and timing of a capital redistribution will be pushed forward in time.

For further information, please contact:
Anders Harrysson, Interim CEO at Net Insight AB, +46 8 685 04 00, anders.harrysson@netinsight.net

About Net Insight

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

fredag, mars 06, 2020

Incoming Net Insight CEO acquires shares in the company

Crister Fritzson, incoming CEO of Net Insight, has today acquired 11,715,000 shares in the company, at a price of SEK 1.71 per share. His total holding amounts to 11,732,000 shares.

Crister Fritzson is leaving his current assignment as CEO during March and will assume the CEO position at Net Insight on April 1, 2020.

For further information, please contact:
Pelle Bourn, CFO at Net Insight AB, +46 8 685 04 00, pelle.bourn@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.
Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.
More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

Net Insight acquires the product portfolio from Aperi Corporation

Stockholm, Sweden – As part of the strategy to grow the core Media Networks business, Net Insight has today acquired Aperi Corporation's innovative product portfolio. The acquisition will complement and strengthen Net Insight's media offering.

Over the last few years, the Aperi products have been deployed at some Tier1 customers globally. The acquisition of Aperi's all-IP product portfolio, built on an open, flexible and virtualized software architecture will complement and improve competitiveness of Net Insight's existing media transport portfolio. As part of this transaction, eight Aperi engineers will join Net Insight to continue drive development and support of the Aperi products.

This acquisition supports Net Insight's growth strategy of increased focus and investment in the core Media Networks business area. Net Insight has lately launched new products for internet-based transport (Nimbra 400) and cloud-based transport (Nimbra Edge). Key components of the growth strategy also include accelerated Nimbra product development and a commitment to offer open standards Nimbra products to the market.

"By adding the Aperi products to our portfolio, we can strengthen our offering to a larger set of use cases for both existing and new customers," says Crister Fritzson, incoming CEO at Net Insight (from April 2020), "This transaction is an important part of building the new Net Insight."

"We share the Aperi product vision of an open and virtualized software architecture and are excited to welcome the team of skilled engineers to Net Insight and to continue supporting existing and new Aperi customers," says Ulrik Rohne, VP Media Networks at Net Insight.

With this transaction, effective immediately, Net Insight acquires the full product portfolio, IPRs, brand and inventory from Aperi Corporation for USD 1.2 million in cash. The estimated impact on Net Insight operating earnings for 2020 is limited.

For further information, please contact:
Ulrik Rohne, VP Media Networks at Net Insight AB, +46 8 685 04 00, ulrik.rohne@netinsight.net
Pelle Bourn, CFO at Net Insight AB, +46 8 685 04 00, pelle.bourn@netinsight.net

About Net Insight

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

About Aperi

Aperi's revolutionary open and software-defined technology is redefining live sports, entertainment and news productions on the world's biggest stages. With Aperi's IP-centric and FPGA-based media platform, service providers, content owners, rights holders and broadcasters can produce high-quality content faster, more efficiently and at scale for the lowest-cost and most agile remote production.

For more information, please visit www.apericorp.com/

onsdag, februari 19, 2020

Net Insight transforms media contribution and distribution with Microsoft Azure

Stockholm, Sweden – Net Insight makes its Nimbra Edge media transport solution available on Microsoft Azure and will work with Microsoft to help customers who are looking for a cost-efficient contribution and distribution solution to leverage Azure Networking globally. Nimbra Edge is now available through the Azure marketplace from where it can be deployed quickly and easily.

The consumers' demand for personalized, immersive content accessible anytime has radically shifted the consumption patterns towards OTT playout. As a result, cloud technology and virtualized media functions are becoming a key part of the media supply chain to drive both efficiency and scale. For media companies, the investment required to build out large-scale presence and connectivity is very high. In addition, the ongoing trend among service providers is partnering with public cloud providers in order to reap the benefits of the cloud, all while ensuring last mile connectivity and serviceability.

To meet the increasing demands for media innovation and agility, industry-wide partnerships are increasing in importance; thus, Net Insight is extending its Nimbra Edge offering to include the service on top of Microsoft Azure. This will enable media companies who want to run on hyperscale cloud infrastructure to leverage the global infrastructure, scalability, and innovation of Microsoft Azure; in addition, they will be able to do so while connecting their media equipment to a low-latency, elastic, reliable, and easy-to-use media contribution and distribution platform.

"We see the cloud as an enabling and transforming technology for media companies," says Rainer A. Kellerhals, Managing Director, Media & Communications EMEA at Microsoft. "And we partner with companies like Net Insight, who are experts in media transport solutions, to help media companies leverage Microsoft Azure for their specific requirements. Nimbra Edge enables media companies and communications service providers to use the global Azure infrastructure for streamlining contribution and distribution workflows."

Nimbra Edge builds on Net Insight's more than 20 years' experience of media transport, together with competencies gained while developing the low-latency streaming technology Sye, recently acquired by a global cloud provider. Nimbra Edge offers a hybrid cloud infrastructure that enables media companies to easily connect, manage, and consume low-latency, high-quality videos anywhere. Current Nimbra customers can now, with a software upgrade, connect existing appliances to Nimbra Edge, thus finding a safe on-ramp to cloud infrastructure.

"Connecting current media infrastructure to the cloud will enable new workflows, as well as ensuring the next generation of innovation by leveraging the power of hyperscale cloud," says Ulrik Rohne, VP Media Networks at Net Insight. "Partnering with Microsoft Azure shows the innovation that Net Insight brings to the industry, simplifying deployment and operations and helping customers to transform their media workflows."

For further information, please contact:
Ulrik Rohne, VP Media Networks at Net Insight, +46 8 685 04 00, ulrik.rohne@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

About Microsoft

Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

For more information, please visit www.microsoft.com/media

Facebook: https://www.facebook.com/MicrosoftinBusiness/
Twitter: https://twitter.com/MSFTMedia
YouTube: https://www.youtube.com/channel/UChdf8Ha8o4EEiG-wHtK6JeA

fredag, februari 14, 2020

Net Insight Year-end Report January – December 2019

Quote from interim CEO Anders Harrysson: "Eventful quarter with divestment of Sye"

October – December 2019

Net sales for continuing operations, i.e. excluding Streaming Solutions, amounted to SEK 105.2 (106.0) million, a decrease of -0.7% year-on-year. In comparable currencies net sales decreased by -4.9%.
Operating earnings for continuing operations amounted to SEK -24.1 (-50.6) million, corresponding to an operating margin of -22.9% (-47.8%).
Excluding items affecting comparability of SEK -20.1 (-37.1) million, operating earnings for continuing operations amounted to SEK -4.0 (-13.5) million.
Net income for the period for the Group, including Streaming Solutions, was SEK -27.6 (-47.9) million.
Earnings per share, basic and diluted, for the Group including Streaming Solutions, was SEK 0.07 (-0.13).
Total cash flow, for the Group including Streaming Solutions, was SEK -14.3 (-18.5) million.

January – December 2019

Net sales for continuing operations, i.e. excluding Streaming Solutions, amounted to SEK 448.6 (449.5) million, a decrease of -0.2% year-on-year. In comparable currencies net sales decreased by -5.6%.
Operating earnings for continuing operations amounted to SEK -3.6 (-34.1) million, corresponding to an operating margin of -0.8% (-7.6%).
Excluding items affecting comparability of SEK -24.9 (-44.0) million, operating earnings for continuing operations amounted to SEK 21.3 (9.9) million.
Net income for the period for the Group, including Streaming Solutions, was SEK -32.2 (-58.2) million.
Earnings per share, basic and diluted, for the Group, including Streaming, Solutions, was SEK -0.08 (-0.15).
Total cash flow for the Group, including Streaming Solutions, was SEK -41.2 (-85.5) million.

Significant events:

Crister Fritzson appointed CEO, to assume position no later than April 14 2020
Agreement regarding divestment of Sye
- Streaming Solutions to be disclosed separately as Discontinued operations

Significant events after the period:

Divestment of Sye completed on January 3, 2020

The Year-end report 2019 can be found on netinsight.net

For further information, please contact:
Anders Harrysson, interim CEO Net Insight AB, +46 8 685 04 00, anders.harrysson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

tisdag, februari 04, 2020

Tata Communications to launch 100G media backbone to drive innovation in 4K video, eSports and remote production

Net Insight's Nimbra 1060 platform will help ensure reliable, cost-effective delivery of bandwidth-hungry video content on a global scale

Stockholm, Sweden – Tata Communications will launch a 100G media backbone to meet the growing bandwidth demands of the industry. The backbone - delivered in collaboration with Net Insight - will enable broadcasters, sports organisations, OTT companies and eSports businesses to offer their audiences worldwide more immersive viewing and gaming experiences and transform how they operate through full remote production.

The new backbone will help accelerate industry adoption of ultra-high definition (UHD) 4K video, which requires 12Gbps of bandwidth when uncompressed – four times more than HD video. With 100G, broadcasters and eSports companies, for example, are able to offer viewers and gamers the ultra-immersive 4K viewing experiences they crave without having to worry about running out of bandwidth.

Tata Communications' 100G backbone will also help overcome the technical complexities of eSports, with each event involving multiple cameras, cutaways, real-time reactions, commentary and intensive editing. As the global audience of eSports is expected to reach 645 million by 2022, the bandwidth boost of 100G will bring eSports fans worldwide seamless and highly engaging gaming experiences.

At major sports events, the new infrastructure will have the capacity to support up to 50 raw video feeds and the delivery of unilateral, localised feeds by different rightsholders for their regions. The combination of the 100G backbone and workflows on Tata Communications' media ecosystem will help more and more broadcasters and rightsholders switch to full remote production to bring live events to audiences across the globe, boosting efficiencies and generating cost savings. The 100G capacity lowers the barriers for global sports organisations to move from satellite-based content distribution to fibre across entire continents too.

The new backbone, being built using Net Insight's next-generation WAN transport platform Nimbra 1060, will underpin Tata Communications' global end-to-end managed Video Connect network.

"We're proud to launch this game-changing 100G backbone, and excited about the new opportunities that the powerful combination of Tata Communications and Net Insight's capabilities offer to broadcasters, sports organisations, OTT players and eSports businesses," said Dhaval Ponda, Associate Vice President, Media and Entertainment, Tata Communications. "Viewers, sports fans and gamers increasingly expect immersive, high-quality content - delivered live from the other side of the world or on demand - on a range of different media platforms. This 100G backbone and our managed video services will help our customers innovate with agility and become more competitive."

Net Insight's Nimbra 1060 is a new terabit WAN transport platform that enables the delivery of IP-based media services across global media networks without the complex traffic engineering typically associated with high-quality media transport. Designed for all-IP services and all-IP networks, it guarantees quality for the most demanding live media events while providing agility through automated real-time provisioning.

"The fact that Tata Communications is delivering its new global 100G backbone using the Nimbra platform is yet another testament to the scalable and innovative nature of our technology," said Ulrik Rohne, Vice President, Media Networks, Net Insight. "The merger of media and IT is putting increased pressure on cost-efficiency and workflow automation in media networks. The Nimbra platform is designed to meet these new demands and offer unparalleled flexibility and excel in the highest quality of service and lowest total cost of ownership."

For further information, please contact:
Ulrik Rohne, VP Media Networks at Net Insight AB, +46 8 685 04 00, ulrik.rohne@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

About Tata Communications

Tata Communications is a leading global digital infrastructure provider that powers today's fast-growing digital economy.

The company's customers represent 300 of the Fortune 500 whose digital transformation journeys are enabled by its portfolio of integrated, globally managed services that deliver local customer experiences. Through its network, cloud, mobility, Internet of Things (IoT), collaboration and security services, Tata Communications carries around 30% of the world's internet routes and connects businesses to 60% of the world's cloud giants and 4 out of 5 mobile subscribers. The company's capabilities are underpinned by its global network, which is the world's largest wholly owned subsea fibre backbone and a Tier-1 IP network.

Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India, and it serves customers in more than 200 countries and territories worldwide through its technology capabilities and partnerships.

www.tatacommunications.com

Kersti Klami
Tata Communications
+44 7917 173 853
kersti.klami@tatacommunications.com

Aisling Roberts
Hill + Knowlton Strategies
+44 207 973 5909
Aisling.roberts@hkstrategies.com

fredag, januari 31, 2020

Invitation to presentation of Net Insight's Year-end report 2019

Net Insight AB will publish its Year-end report January – December 2019, on February 14, 2020 at 13:00 pm CET. Following this report a conference call with web presentation for media and the financial community will take place.

Interim CEO Anders Harrysson and CFO Pelle Bourn will present and comment on the report. After the presentation there will time for questions, both on the phone and via the web presentation.

Time for the publication of the Year-end report
Friday February 14 at 13:00 pm CET.

Time for conference call and web presentation
Friday February 14 at 14:30 pm CET.

Dial-in numbers
SE: +46856642707, UK: +443333009263, US: +18335268398

The conference call is mainly targeted to analysts, institutional investors and media.

Web presentation
Link: https://tv.streamfabriken.com/net-insight-q4-2019

The presentation and the Year-end report will be available on netinsight.net after publication.

Welcome!

Anders Harrysson
Interim CEO

For further information, please contact:
Anders Harrysson, Interim CEO Net Insight AB, +46 8 685 04 00, anders.harrysson@netinsight.net

About Net Insight

Net Insight is a global leader in media network and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

Net Insight

måndag, mars 30, 2020

Covid 19 impact and update on capital redistribution

Covid 19 impact and update on capital redistribution

fredag, mars 06, 2020

Incoming Net Insight CEO acquires shares in the company

Incoming Net Insight CEO acquires shares in the company

Net Insight acquires the product portfolio from Aperi Corporation

Net Insight acquires the product portfolio from Aperi Corporation

onsdag, februari 19, 2020

Net Insight transforms media contribution and distribution with Microsoft Azure

Net Insight transforms media contribution and distribution with Microsoft Azure

fredag, februari 14, 2020

Net Insight Year-end Report January – December 2019

Net Insight Year-end Report January – December 2019

tisdag, februari 04, 2020

Tata Communications to launch 100G media backbone to drive innovation in 4K video, eSports and remote production

Tata Communications to launch 100G media backbone to drive innovation in 4K video, eSports and remote production

fredag, januari 31, 2020

Invitation to presentation of Net Insight's Year-end report 2019

Invitation to presentation of Net Insight's Year-end report 2019

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