Valsoft Corporation Inc. (Valsoft), a Montreal-based company that specialises in the acquisition and development of software companies in vertical markets, is pleased to announce the acquisition of Woody Technologies (Woody), a company that specialises in optimising audio-visual workflows for companies in the Broadcast & Media industry, among others.
Headquartered in Paris, France, Woody Technologies offer solutions that are designed to cover all the file ingest and outgest needs of media companies.
Acquisition of Woody Technologies
With the acquisition of Woody Technologies, Valsoft Corporation Inc. expands the number of companies in its Broadcast & Media portfolio to three, following the acquisition of Spanish VSN in 2021 and the recent addition of M&I Broadcast Services in the Netherlands.
“Valsoft’s acquisition is a great step into the future for Woody,” commented Aurélien Brelle, Managing Director of Woody Technologies, adding “We are very proud that our project attracted their interest and being part of a larger broadcast portfolio is certainly a unique opportunity to grow whilst keeping our identity and, at the same time, exploring new synergies.”
Woody Technologies
Founded in 2013, Woody Technologies is a company run by broadcast engineers and video developers with extensive industry experience to solve specific workflow challenges that are encountered by media industry players.
Woody offers an advanced, intuitive, and easy-to-use modular solution (IN2IT) for ingesting, indexing and exchanging media content that has allowed it to establish commercial activity in more than 30 countries.
Optimise media workflows with maximum security
We are delighted to be partnering with such a technologically advanced and customer-focused company as Woody"
Under the Valsoft banner, Woody Technologies will continue to help its customers optimise their media workflows with maximum security and efficiency.
“We are delighted to be partnering with such a technologically advanced and customer-focused company as Woody, as well as bringing on board excellent professionals with decades of experience,” stated Michael Assi, the Chief Executive Officer (CEO) of Aspire Software, the operating division at Valsoft Corporation Inc., adding “We strongly believe in the potential of the Broadcast & Media industry, and we are very excited about the opportunities that the portfolio companies will create in the near future.”
Accelerate global expansion efforts
By joining Aspire, Woody will be able to offer an enhanced service to its customers, while accelerating its global expansion efforts and maintaining its operational independence.
This is in line with Valsoft’s overall strategy, dedicated to investing in established entities and fostering an entrepreneurial environment that enables an organisation to grow as a leader in its respective industry.