EVS Broadcast Equipment
{{short description|Belgian manufacturing company}}
{{Multiple issues|
{{COI|date=December 2019}}
{{Tone|date=December 2019}}
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{{Use dmy dates|date=October 2017}}
{{Infobox company|
| name = EVS Broadcast Equipment SA
| type = Public
| traded_as = {{Euronext|EVS|BE0003820371|XBRU}}
| foundation = 1994
| logo = File:EVS Broadcast Equipment logo.png|center]]
| location_city = Liège
| location_country = Belgium
| founder = Pierre L'hoest, Laurent Minguet
| num_employees = +600 (November 2023)[https://evs.com/company/about-evs About EVS]
| industry = Broadcast Technology
| homepage = {{url|http://www.evs.com}}
| subsid =
}}
EVS Broadcast Equipment SA is a Belgian company that develops hardware and software products and services for live video production applications. The company counts over 600 employees worldwide.{{Cite web |title=EVS reports 2023 results {{!}} GlobeNewswire by notified |url=https://kommunikasjon.ntb.no/pressemelding/18051886/evs-reports-2023-results?publisherId=4954260 |access-date=2024-04-05 |website=kommunikasjon.ntb.no |language=no}}
History
EVS was founded in 1994 by Pierre Lhoest and Laurent Minguet.[http://www.ejustice.just.fgov.be/tsv/tsvf.htm Extrait moniteur Belges 1994-03-16 / 049 EVS BROADCAST EQUIPEMENT Code 452.080.178] Three years later, the company invested 30% of its capital in private funds, roundabout EUR 4 million.
In 1998 EVS was listed for the first time on the stock exchange with an initial EUR 14.8 quotation[http://www.lecho.be/nieuws/archief/La_non_decision_de_la_Buba_n_a_pas_suffi_a_inflechir_la_tendance_a_l_achat.8589356-1802.art?highlight=97.581%20actions La non décision de la Buba], L’Echo, 23 octobre1998. per share (at comparable levels)[http://www.lalibre.be/economie/finance/article/208052/evs-se-coupe-en-5-pour-l-actionnaire.html EVS se coupe en 5 pour l’actionnaire], La Libre, 25 février 2005 and was valued at EUR 204 million. In that same year, EVS acquired VSE, a hardware subcontractor managed by Michel Counson. In that transaction, VSE received EVS shares for an approximate EUR 4.5 million value.
Since then, EVS has become a major broadcast actor, focusing on digital recording technologies for live sports TV production. EVS core products are primarily used in outbroadcasting vans (OB vans) and allow high-quality, respectively slow-motion image replay.{{citation needed|date=August 2022}}
After establishing itself in outbroadcasting sports production, EVS started using its high-value services to address TV studio production with a full range of products in 2002. That strategic move contributed to a +40% uplift in 2012.[http://bourse.lci.fr/bourse-en-ligne.hts?urlAction=bourse-en-ligne.hts&idnews=HUG120830_01637182&numligne=0&date=120830&source=HUG Résultats 2012 d'EVS] {{Webarchive|url=https://web.archive.org/web/20131023063703/http://bourse.lci.fr/bourse-en-ligne.hts?urlAction=bourse-en-ligne.hts&idnews=HUG120830_01637182&numligne=0&date=120830&source=HUG |date=23 October 2013 }}, LCI, 30 août 2012 Additionally, EVS founded XDC in 2004, a pioneer in high-definition cinema broadcasting, which was restructured within the Dcinex Group. EVS sold its stake in Dcinex in 2014.[https://www.bloomberg.com/article/2014-07-21/ahWgMk5K9_zY.html EVS Broadcast Equipment sells its stake in dcinex to Ymagis SA]
In 2001 Laurent Minguet stepped down from his position as a director. Three years later, he gave up his position.{{citation needed|date=August 2022}}
From his side, Pierre L'hoest decided to leave[http://www.lecho.be/nieuws/archief/Une_nouvelle_ere_s_ouvre_pour_EVS.9110302-1802.art?highlight=pierre%20l%27hoest Une nouvelle ère s'ouvre pour EVS Lecho 01-10-2011 Belgium] his role as a CEO and director following the board of directors meeting held on September 15 of 2011. In a transitional period, EVS was managed by its board of directors. Later CEOs include Joop Janssen (2012–2014),[https://finance.yahoo.com/news/evs-broadcast-equipment-appoints-joop-070304485.html EVS Broadcast Equipment appoints Joop JANSSEN as CEO] "Yahoo Finance"[http://www.nasdaq.com/press-release/evs-broadcast-equipment-announces-departure-of-joop-janssen-managing-director-and-ceo-20141013-00031 EVS Broadcast Equipment announces departure of Joop Janssen, Managing Director and CEO] Muriel De Lathouwer (2015–2018),[https://uk.finance.yahoo.com/news/evs-broadcast-equipment-appoints-muriel-053202072.html EVS Broadcast Equipment appoints Muriel De Lathouwer as Managing Director & CEO] and Serge Van Herck (2019–present).{{cite news|url=https://www.lecho.be/entreprises/technologie/evs-se-trouve-un-nouveau-ceo/10160613.html|title=EVS se trouve un nouveau CEO|author=Dominique Liesse|date=9 September 2019|work=L'echo|lang=fr}}
On 5 January 2015 EVS announced that it had acquired Scalable Video System GmbH (SVS), which IT-based vision mixers, and Dyvi Live SA (a company based in Brussels and distributing the products of SVS under the name DYVI).{{Cite web |url=http://www.evs.com/sites/default/files/1420472876_20150105-EVS_acquires_100_pct_of_SVS-ENG.pdf |title=EVS BROADCAST EQUIPMENT ACQUIRES 100% OF SVS GmbH |access-date=20 January 2015 |archive-date=20 January 2015 |archive-url=https://web.archive.org/web/20150120121514/http://www.evs.com/sites/default/files/1420472876_20150105-EVS_acquires_100_pct_of_SVS-ENG.pdf |url-status=dead }}
On 18 July 2018, EVS announces, through the press, the end of the collaboration with Muriel De Lathouwer, replaced ad interim by Pierre De Muelenaere, chairman of the board of directors.{{cite web|title=Muriel De Lathouwer: EVS se prive de son énergique capitaine|url=https://www.lecho.be/dossier/portraits/muriel-de-lathouwer-evs-se-prive-de-son-energique-capitaine/10032117.html|website=l'Echo|publication-date=}}{{cite web|title=EVS annonce le départ de Muriel De Lathouwer, Administrateur Déléguée et CEO|url=https://evs.com/fr/news/evs-annonce-le-depart-de-muriel-de-lathouwer-administrateur-deleguee-et-ceo|website=EVS.com|publication-date=|access-date=17 June 2022|archive-date=27 August 2018|archive-url=https://web.archive.org/web/20180827210004/https://evs.com/fr/news/evs-annonce-le-depart-de-muriel-de-lathouwer-administrateur-deleguee-et-ceo|url-status=dead}}
On 1 May 2020, EVS announced that it had acquired Axon, a leading broadcast and media network infrastructure specialist.[https://evs.com/en/news/evs-complements-its-live-production-solution-portfolio-acquiring-broadcast-network EVS COMPLEMENTS ITS LIVE PRODUCTION SOLUTION PORTFOLIO BY ACQUIRING BROADCAST NETWORK INFRASTRUCTURE SPECIALIST AXON]
Tapeless television production
Television networks have shifted from linear editing on tape to digital media or non-linear editing. The use of digital technology on hard disks has become the common alternative, replacing the use of video tape recorders. This transition to tapeless interoperable computer platforms began in the late 1990s, enabling television stations to store and edit prerecorded images more efficiently. Nowadays, video tape recorders are rarely used for live productions.
Products
The EVS product range spans four main categories:
- Live video production, replays and highlights
- Asset management, distribution, monetization
- Real-time processing, routing and broadcast control
- Multi-camera review system for decision making
Offices
References
{{reflist|30em}}
{{commons category|EVS Broadcast Equipment}}
Category:Technology companies established in 1994
Category:Computer companies established in 1994
Category:Belgian companies established in 1994
Category:1999 initial public offerings
Category:Companies based in Liège
Category:Companies listed on Euronext Brussels
Category:Cloud computing providers