Riedel Acquires Code One

Riedel Communications has announced that it has acquired Düsseldorf-based mobile streaming specialist Code One.
A developer of solutions for video streaming over wide area networks (WANs), Code One sees Riedel expand its portfolio of WAN-focused solutions, as well as providing technology for distributing video, audio, and data via mobile networks.
"In order to guarantee further expansion of our company, we needed a partner with the capacity to support our portfolio in a competent and future-proofed manner," said Code One CEO Sven Hanten.
"Riedel Communications is an experienced company that offers a positive business environment, including a firmly established presence in key markets and a strong financial position, that will fuel our ongoing and future development of innovative solutions."
"Code One complements our portfolio perfectly," said Thomas Riedel, CEO of Riedel Communications.
"This young company's key areas of expertise, such as mobile streaming and innovative solutions for data transmission, offer Riedel unique technology that we can use to elevate our solutions to a new level."
www.riedel.net
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