Trending...
- Spokane: City Construction Projects Traffic Impacts Next Week
- Rep. Gina H. Curry and Dr. Conan Tu Inspire at Kopp Foundation for Diabetes Hybrid Fundraising Gala and National Leadership Forum
- City of Spokane Announces Next Chapter of HOME Starts Here Initiative
SAN DIEGO & AACHEN, Germany - Washingtoner -- MainConcept, a global leader in video and audio codec solutions, today announced the completion of a management buyout, returning the company to independent ownership.
The transition marks an important milestone for MainConcept, which had been part of Endeavor Group Holdings, Inc. since 2018. Under its new structure, MainConcept will operate as a fully independent company, giving the team greater flexibility to advance its technology and deepen its focus on customers across broadcast, streaming, professional video and other markets.
Deacon Johnson, President & CEO of MainConcept, said: "Becoming independent allows us to sharpen our focus on innovation and invest even more deeply in meeting the needs of a rapidly changing industry. The pace of technology is only accelerating, and we are excited to have the freedom and agility to lead our customers into the future."
More on Washingtoner
MainConcept will continue to serve its global customer base with its portfolio of codec SDKs and applications. With independence, the company sees a greater opportunity to pursue technical advancements, respond faster to evolving market requirements, and expand its collaborations with partners and developers worldwide.
The transition takes place with no change to MainConcept's leadership team and organizational structure, maintaining its dual-headquarters in Aachen, Germany and San Diego, USA, along with offices in the UK and Japan, among other locations.
The transition marks an important milestone for MainConcept, which had been part of Endeavor Group Holdings, Inc. since 2018. Under its new structure, MainConcept will operate as a fully independent company, giving the team greater flexibility to advance its technology and deepen its focus on customers across broadcast, streaming, professional video and other markets.
Deacon Johnson, President & CEO of MainConcept, said: "Becoming independent allows us to sharpen our focus on innovation and invest even more deeply in meeting the needs of a rapidly changing industry. The pace of technology is only accelerating, and we are excited to have the freedom and agility to lead our customers into the future."
More on Washingtoner
- $500,000 in Stock Dividend for Shareholders in 2025 Sweetens The Pot on Success of Becoming Debt Free with No Convertible Notes or Warrants for $IQST
- Milwaukee Job Corps Center: Essential Workforce Training—Admissions Now Open
- Aissist.io Launches Hybrid AI Workforce to Solve AI Pilot Failure for Customer Support Automation
- Christy Sports Makes Snowsports More Accessible for Families to Get Outside Together
- LIB Industry Expands Full-Series Salt Spray Corrosion Test Chambers to Meet Global Testing Standards
MainConcept will continue to serve its global customer base with its portfolio of codec SDKs and applications. With independence, the company sees a greater opportunity to pursue technical advancements, respond faster to evolving market requirements, and expand its collaborations with partners and developers worldwide.
The transition takes place with no change to MainConcept's leadership team and organizational structure, maintaining its dual-headquarters in Aachen, Germany and San Diego, USA, along with offices in the UK and Japan, among other locations.
Source: MainConcept
0 Comments
Latest on Washingtoner
- Cancer Survivor Roslyn Franken Marks 30-Year Milestone with Empowering Gift for Women
- Spokane: Overnight shooting leaves one man dead; MCU Detectives working to find suspect, motive
- ENERGY33 Successfully Completes Second Engineering & Construction Management Contract for a 27MW STX Cogeneration Power Plant in Honduras
- Florida International University: "Psychiatry: An Industry of Death" Traveling Exhibit Educates Students on Mental Health Abuse
- CCHR: VA's Psychiatric Treatments Betray Veterans, Fuel Suicide and Death
- Integris Composites Named Armor Partner for U.S. Army's XM30 Combat Vehicle
- Jaipur Countryside, 4-Star Comfort: $199 for Two— All-Inclusive with Meals + Transfers at Heritage Hotel Savista
- Probate Shepherd® Announces a New Member Probate Attorney in Fort Worth, TX
- Phinge Announces "Test the Waters" Campaign for Potential Regulation A+ Offering: Home of Netverse Verified AI & Patented App-less Technology Platform
- RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
- Probate Shepherd® Announces a New Member Probate Attorney in Sugar Land, TX
- Property Care Northwest Expands Redmond Landscaping Services with Artificial Turf Installation
- Live Good Leads with Love: Creating Opportunity, Protecting the Vulnerable and Inspiring Hope
- Probate Shepherd® Announces a New Member Probate Attorney in The Woodlands, TX
- Probate Shepherd® Announces a New Member Probate Attorney in Conroe, TX
- Taraji P. Henson's Boris Lawrence Henson Foundation (BLHF) Announce 5th Annual Can We Talk? Arts & Wellness Summit and "i AM The Table Benefit Brunch
- Spokane: City Construction Projects Traffic Impacts Next Week
- Mullins McLeod Surges Into SC Governor's Race with $1.4 Million Raised in First Quarter; Most from His Own Commitment, Not Political Pockets
- Mensa Members Put Brainpower to Work for Literacy
- Rep. Gina H. Curry and Dr. Conan Tu Inspire at Kopp Foundation for Diabetes Hybrid Fundraising Gala and National Leadership Forum