TMCnet Feature
February 03, 2015

Wheelings & Dealings: Imagine Communications Purchases RGB

By Oliver VanDervoort, Contributing Writer

Imagine Communications has been working hard to solidify itself as one of the top up-and-coming companies in the tech world. As one step in rising up the ranks, the firm has been buying up smaller companies and absorbing their technological advances. Along those lines, Imagine Communications has just recently announced the acquisition of RGB Networks. This particular purchase marks the largest acquisition by Imagine to date.

The Texas based company has not given any of the financial details of the acquisition but the firm did divulge that it would be keeping most of the employees of RGB on. Those who are close to the situation say that RGB is set to be integrate into Imagine Communication’s advertising and video infrastructure portfolio, according to the Denver Business Journal.

This acquisition will be a boon to a company that already has a strong presence when it comes to offering advertising management and video infrastructure solutions that work to service TV Networks, broadcast stations and multichannel video programming distributors. Before its acquisition, RGB was known as a company that worked hard to provide services like cloud-based video delivery solutions for media providers. Their solutions allowed clients to monetize TV and over-the-top (OTT) services.

Imagine knows a a thing or two about being absorbed by a larger company as well as being an offshoot that has it’s own name but works in close proximity to a larger firm. At one time, the company was actually a part of Harris Broadcast. After Harris was purchased by Gores Group LLC, the larger company split Harrris into two firms. The software and Internet focused Imagine then struck out on its own as it set up shop in Dallas. Since being split off from Harris, the company has made quite a name for itself in its field and the purchase of RGB will only strengthen its standing.

Edited by Maurice Nagle
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