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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Ateme    ATEME   FR0011992700

ATEME (ATEME)
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ATEME : tech helps power French Open

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07/17/2017 | 11:59pm CET

ATEME, a provider of advanced video compression solutions for the broadcast industry, has demonstrated the power of its TITAN Live software-based live video solution at the 2017 French Open.

TITAN Live was used to power a Virtual Reality application available during the entire tournament. The application offered a fully immersive 180° and 360° live viewing experience to tennis fans and was created by ATEME's partner LiveLike. Available for free on iOS and Android devices, it used ATEME's TITAN Live solution to encode UHD signals at various bit rates in order to offer the best video quality experience on tablets and smartphones to French Open fans.

TITAN Live is a high video quality, high density software compression solution, designed for cable, DTH, OTT live delivery of SD, HD and Ultra HD (UHD) content. TITAN Live is a pure CPU solution, that is hardware agnostic and runs on any OS: Linux, Windows and Virtual Machine. TITAN Live is based on ATEME 5th Generation STREAM compression engine and delivers the highest video quality at minimum bitrates with accelerated parallel processing. The solution also addresses current and future requirements by addressing main screens and multi-screen applications, from low resolutions up to UHDp60.

"The French Open organizers sought to break new ground and to be a pioneer in delivering this year's tournament in Virtual Reality to fans with such scale and quality. LiveLike is thrilled have taken a critical role in the French Open VR project in close partnership with ATEME. More importantly, fans have really loved the experience giving the app stellar ratings. The experience went on to an impressive viewership for its first VR edition of the French Open," said Fabrice Lorenceau, co-founder and head of production at LiveLike.

Claude Stoffel, EMEA sales director at ATEME, said: "We have been working with LiveLike for more than two years focused on how to improve user experience of Virtual Reality. Today, we are very proud to contribute in the creation of this exciting new application developed for the tournament. With viewer demand and expectations changing so rapidly, it is truly amazing to watch a tennis match as if you were a few feet away from players, while staying comfortably seated on the sofa By combining our TITAN Live encoding technology and VR application from LiveLike we are entering the future of television."

(c) 2017 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2017 48,4 M
EBIT 2017 5,30 M
Net income 2017 3,60 M
Debt 2017 0,20 M
Yield 2017 -
P/E ratio 2017 52,22
P/E ratio 2018 22,93
EV / Sales 2017 3,98x
EV / Sales 2018 3,11x
Capitalization 192 M
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Mean consensus BUY
Number of Analysts 1
Average target price 19,0 €
Spread / Average Target 1,1%
EPS Revisions
Managers
NameTitle
Michel Artières Chairman, President & Chief Executive Officer
Joseph Soueidi Chief Operating Officer
Fabrice Sana Chief Financial Officer
Pierre Larbier Chief Technology Officer
Thierry Marre Vice President-Research & Development
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