Imagine Buying RGB

Imagine Communications has signed a definitive agreement to acquire the assets of RGB Networks. The transaction, subject to customary approvals and closing conditions, will include the majority of RGB's employees. The acquired assets will be integrated into Imagine's advertising management and video infrastructure portfolio.

RGB Networks provides IP cloud-based video delivery solutions designed to help streamline and monetize TV Everywhere and OTT services. The acquisition is intended to enhance Imagine's end-to-end video playout and distribution portfolio and extend the capabilities of its TV Everywhere and video processing and compression solutions.