Tokyo, Japan - Sony Imaging Products & Solutions Inc. (“Sony”) today announced that it has agreed with Nevion AS (“Nevion”), a leading provider of virtualized media production solutions, to establish a strategic partnership in the area of IP-based solutions for broadcasters and other industries. To reinforce this partnership, Sony will also become a leading investor in Nevion by acquiring a minority stake in the company through a share purchase agreement.

As IP network technology continues to transform content creation, Sony has remained at the forefront of IP-based, production workflow innovation. Through this partnership with Nevion, Sony will aim to deliver even more advanced, fully-integrated media production solutions, enabling more efficient technical resource sharing across the network, and taking the scope of remote production to the next level.

“Through this strategic partnership, we will be able to expand our end-to-end IP solution offerings that allow customers to produce live content connecting multiple locations”, said Mikio Kita, Senior General Manager, Media Solution Business Division, Professional Products & Solutions Group, Sony Imaging Products & Solutions Inc. “Working together with Nevion, we will deliver an integrated and optimal experience for our customers.”

About Nevion AS

• Headquartered:
  Lysaker, Norway
• Main fields of business:
  Development of integrated IP solutions including virtualized media production, for broadcasters and telecommunications service providers.