Orad Hi-Tec Systems

VideoGraphic Solutions

Media & Entertainment Technologies
Acquired (Inactive) by Avid Technology on Apr 2015 - closed due to acquisition
Acquired Kefar Sava Founded 1993
LinkedIn
Total raised
$6.6M
Last: Undisclosed 2010-03
Stage
Acquired
Founded
1993
Headcount
1-10
HQ
Kefar Sava
Sector
Media & Entertainment Technologies

About

Orad Hi Tec Systems is a world leader in real-time 3D broadcast graphics, video servers, and media asset management solutions for news, channel branding, sports production and enhancement, elections and special events, virtual studios, and virtual advertisement. Orads solutions has been widely adopted by some of the leading broadcasters worldwide such as RTL, MSNBC, ESPN, TF1, TV Globo, CCTV, Channel 4, HBO, DW, Canal+, Turner, Televisa, and others. Orad was acquired in mid-2015 by the American firm, Avid Technology.

Funding history · 1 round · $6.6M total

2010-03
Undisclosed $6.6M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Orad Hi-Tec Systems founded?
Orad Hi-Tec Systems was founded in May 1993.
What is the primary business of Orad Hi-Tec Systems?
Orad Hi-Tec Systems specializes in real-time 3D broadcast graphics, video servers, and media asset management solutions for various media productions.
Which company acquired Orad Hi-Tec Systems and when?
Orad Hi-Tec Systems was acquired by the American firm Avid Technology in April 2015 for $60 million.
What was the last known funding round for Orad Hi-Tec Systems?
Orad Hi-Tec Systems had an undisclosed funding round in March 2010, raising $6.6 million from investors including Viola Growth.
Where is Orad Hi-Tec Systems headquartered?
Orad Hi-Tec Systems is headquartered in Kefar Sava, Israel.
Can you name some prominent broadcasters that adopted Orad's solutions?
Prominent broadcasters that adopted Orad's solutions include RTL, MSNBC, ESPN, TF1, TV Globo, CCTV, Channel 4, HBO, DW, Canal+, Turner, and Televisa.
What is the current status of Orad Hi-Tec Systems?
Orad Hi-Tec Systems is currently inactive, having closed due to its acquisition by Avid Technology in April 2015.
How many employees did Orad Hi-Tec Systems have?
According to startupim data, Orad Hi-Tec Systems had an employee count in the 1-10 range.

Sectors & technology

Primary sector
Media & Entertainment Technologies
Sub-sectors
Media & Entertainment TechnologiesDigital Content ProductionDigital Content Engagement & Entertainment
Technologies
Communications
Target customers
Communication ServicesBroadband Networks & NGNDiversified Telecommunication Services
Business model
B2B

Tags

advertising3d-technologytelecommunicationvideosportsnewsbroadcasting