MAM
Haivision to acquire CineMassive to deliver real-time mission-critical collaboration solutions
Mumbai: Canada-based video streaming and networking solutions company, Haivision Systems Inc has announced a definitive agreement to acquire CineMassive Displays, LLC (CineMassive).
Haivision will indirectly acquire, through a wholly-owned subsidiary, 100 per cent of the membership interests of CineMassive on a cash-free and debt-free basis for a total purchase price of $30 million, subject to customary adjustments. The acquisition is expected to be immediately accretive.
Haivision is acquiring the Atlanta-based company to bring together real-time video network technology and mission-critical visual collaboration solutions to better serve and expand its customer base, the company said in a statement. Haivision will offer end-to-end solutions tailored for mission-critical collaboration in Global Security Operations Centers, joint and tactical operations centers, public safety operations centers, and control rooms, it added.
“Cybersecurity, network, and physical threats are today’s reality that governments and large enterprises are now addressing with global multi-disciplinary teams,” Haivision president and CEO Mirko Wicha said. “With the combination of Haivision and CineMassive technologies, customers can create a secure, global common operating picture from a single vendor leveraging both cloud connectivity and intelligent edge capabilities.”
“We have worked with Haivision for over ten years and our companies share many common themes,” said CineMassive co-founder & CEO David Minnix. “Our approach to real-time performance, security, and IT compliance in solving mission-critical challenges of the highest order is echoed by Haivision and reflected in the longstanding relationships that we both have with our customers.”
“Haivision and CineMassive are very complementary in the government and defense markets,’’ said Haivision’s SVP-global sales, Brian Henry. “Fortune 500 enterprises, public safety, and emergency response teams are looking towards proven defense-style approaches to situational response, and towards companies like Haivision and CineMassive which are built upon years of engagement, reputation, and trust in the most challenging markets.”
Haivision also said that the CineMassive Atlanta operations will become the company’s showcase visualization collaboration center with all employees and management remaining post transaction
MAM
Ameya Velankar steps down as Uber’s head of marketing for India & South Asia
Veteran marketer exits after more than seven years with the ride-hailing giant.
MUMBAI: After more than seven years of steering Uber through the bumpy roads of India’s mobility market, Ameya Velankar has decided to change lanes. Ameya Velankar has stepped down as Head of Marketing for India and South Asia, marking the end of a significant chapter at the ride-hailing company. He had been with Uber since 2019, taking on multiple roles in product and category marketing before rising to lead the marketing function for the region in 2021.
During his tenure, Velankar played a key role in strengthening Uber’s positioning in one of its most competitive and dynamic markets. He helped drive localised marketing strategies and scale adoption across key offerings such as Auto, Moto, Rentals and Intercity, tailoring global platforms to Indian consumer needs.
Prior to joining Uber, Velankar built his marketing expertise at leading consumer companies including SC Johnson and Marico, where he handled category and product leadership roles. His career began at RPG Enterprises.
Details of his next professional move have not been disclosed.
In a fast-evolving mobility landscape where brands constantly battle for attention, Ameya Velankar helped Uber stay relevant and resonant with millions of Indian users. As he moves on from the driver’s seat of marketing, the company will now look for fresh ideas to keep its wheels turning smoothly.
