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Imax Acquires Streaming Technology Company Ssimwave Inc.

PUBLIC · IMAXSep 22, 2022

Acquiring Company

IMAX Corporation

Acquired Company

SSIMWAVE

MississaugaMedia And EntertainmentMusicFilm ProductionVideo

Description

IMAX Corporation ( NYSE: IMAX) today announced it has acquired SSIMWAVE Inc., a leader in AI-driven video quality solutions for media and entertainment companies. The move marks a significant expansion of IMAX's strategy to deliver the highest quality video images on any screen — to drive new, recurring revenue and grow its global leadership in entertainment technology.

Quick answer

IMAX Corporation is acquiring SSIMWAVE, announced September 22, 2022. IMAX Corporation is based in Mississauga, Ontario, Canada.

How much did IMAX Corporation pay for SSIMWAVE?
The deal value was not disclosed.
What does IMAX Corporation do?
Imax is a global entertainment technology platform known for its immersive film experience.
Where are IMAX Corporation and SSIMWAVE based?
IMAX Corporation is based in Mississauga, Ontario, Canada.
Who are the decision-makers at IMAX Corporation?
Fundz holds 1 contact at IMAX Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

IMAX Corporation

Location

Broadway

Mississauga, Ontario, Canada

About

Imax is a global entertainment technology platform known for its immersive film experience. The company is responsible for overseeing all brand, film marketing, creative and social media for the global entertainment technology platform. Imax has recently empowered to its second-largest year in history with $1.06 billion worldwide.

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Frequently asked

Who acquired SSIMWAVE?

SSIMWAVE was acquired by IMAX Corporation, based in Mississauga. The deal was reported on September 22, 2022. Imax is a global entertainment technology platform known for its immersive film experience. IMAX Corporation is publicly traded (IMAX) and operates in Media And Entertainment.

When did IMAX Corporation acquire SSIMWAVE?

IMAX Corporation's acquisition of SSIMWAVE was reported on September 22, 2022. IMAX Corporation ( NYSE: IMAX) today announced it has acquired SSIMWAVE Inc., a leader in AI-driven video quality solutions for media and entertainment companies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SSIMWAVE do?

SSIMWAVE's Video Experience Automation Platform brings the power of the human eye to entire video delivery chains to help streaming services assess video quality at scale, minimize quality drop-offs, and reduce distribution expenses and video assurance costs. It is privately held, operating in Video.

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