ATEME Wins Red Herring’s Top 100 Global Award
ATEME, a provider of video compression solutions for the broadcast and broadband markets, announced today that it has received the 2011 Red Herring Top 100 Global Award. After making it in the Red Herring Top 100 Europe shortlist in May of this year, the Global award comes as further recognition for the company’s world class innovation and global market reach.
Red Herring Global is the culmination of a year’s work of scoring thousands of privately held companies from around the world. The pool of candidates for the Award includes the top contenders from the Regional competitions in Europe, North America, and Asia. Finalists were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, execution of strategy, and penetration into their respective industries. Former Red Herring winners include Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and Ebay.
“We are 100% committed to innovation for the benefit of our clients, irrespective of global market conditions. This Award is received with pride, as an invitation to bring more disruptive technology to our multi-screen video processing market in 2012. ” said Andy Lovit, Senior Vice President and General Manager, Americas for ATEME at the Red Herring Awards ceremony in Los Angeles this week.