IMAX acquires SSIMWAVE for $21 million

SSIMWAVE is a video experience automation platform that interacts with all existing video encoding, processing and distribution workflows. The platform connects to your workflow and manipulates audience experience data to remove guesswork and inconsistency from manual QA and validation processes. By plugging into existing workflows, the Video Experience Automation Platform allows your quality assurance capabilities to extend to non-metric-based processes. Recently, IMAX (IMAX.US) announced that it has acquired streaming media company SSIMWAVE for $18.5 million in cash and $2.5 million in stock.

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