Evertz Technologies Ltd (TSX:ET) News and Share Price

Evertz Technologies Limited is a Canada-based technology company engaged in providing infrastructure solutions to the television broadcast, telecommunication, and new media industries.

The tech firm is headquartered in Ontario.

The company’ stocks are listed for trading with the symbol ‘ET’ on the Toronto Stock Exchange.

Evertz Technologies designs, manufactures, and sells broadcast equipment and offers end-to-end broadcast solutions for creating, distributing, and transmitting television content via WebTV, IPTV, mobile devices, and on-demand services.

The Canada-based firm also provides hardware and cloud-based software solutions such as:

• contribution encoders and decoders
• receivers
• processors
• MAGNUM
• VistaLINK accessories
• VistaLink network management system
• ASI/IP converter
• Multiplexers
• Scramblers
• Modulators
• IP solutions

The technology company provides a wide range of solutions for various applications, including:

• Asset management/playout IP
• Audio and video solutions
• big data analytics
• Software-Defined-Video Networking
• Solutions for multiviewer and live production
• HDR and ultra HD broadcast services

Evertz products and services are mainly used by major broadcast facilities, including content creators, broadcasters, telecom and satellite operators, cable TV, and IPTV service providers.

The tech firm operates its business through various subsidiaries, including Evertz Microsystems Limited.

Evertz Technologies Limited has a global presence with operations across North America, India, UAE, Germany, China, the United Kingdom, Australia, Hong Kong, and Singapore.

In 2021, the technology firm was reportedly among 50 best managed companies across Canada.

The company partnered with Amazon Web Services in March 2021, wherein the former will reportedly provide its proprietary tool, Mediator X, to support AWS media intelligence solutions. In addition, the technology company aims to provide media streaming and broadcast services with advanced video and image analysis and speech-to-text transcription.

In January 2021, the Canadian company also launched XPS Series, a real-time UHD streaming platform to support Internet Protocol (IP) networking.

The company acquired from HARMAN International technology and strategic assets, including the Studer brand, in February 2021.