EVS Broadcast Equipment

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EVS Broadcast Equipment SA
Company type Public
Euronext:  EVS
IndustryBroadcast Technology
Founded1994
Founder Pierre L'hoest, Laurent Minguet
Headquarters
Liège
,
Belgium
Revenue131,400,000 € (2014) [1]
Number of employees
+600 (November 2023) [2]
Website www.evs.com

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. [3]

Contents

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.

Company history

EVS was co-founded in 1994 by Pierre Lhoest and Laurent Minguet. [4] 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 [5] per share (at comparable levels) [6] 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 ]

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. [7] 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. [8]

In 2001 Laurent Minguet stepped down from his position as a director. Three years later, he gave up his position.[ citation needed ]

From his side, Pierre L'hoest decided to leave [9] 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), [10] [11] Muriel De Lathouwer (2015–2018), [12] and Serge Van Herck (2019–present). [13]

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). [14]

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. [15] [16]

On 1 May 2020, EVS announced that it had acquired Axon, a leading broadcast and media network infrastructure specialist. [17]

Products

The EVS product range spans four main categories:

Offices

EVS headquarters (administration, production and development) are located in Liège in Belgium.

4 additional development centers are found in:

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References

  1. ↑ "EVS Reports 2014 Results" (PDF). EVS (Press release). 19 February 2015. Archived from the original (PDF) on 19 February 2015. Retrieved 19 February 2015.
  2. ↑ About EVS
  3. ↑ "EVS reports 2023 results | GlobeNewswire by notified". kommunikasjon.ntb.no (in Norwegian). Retrieved 5 April 2024.
  4. ↑ Extrait moniteur Belges 1994-03-16 / 049 EVS BROADCAST EQUIPEMENT Code 452.080.178
  5. ↑ La non décision de la Buba, L’Echo, 23 octobre1998.
  6. ↑ EVS se coupe en 5 pour l’actionnaire, La Libre, 25 février 2005
  7. ↑ Résultats 2012 d'EVS Archived 23 October 2013 at the Wayback Machine , LCI, 30 août 2012
  8. ↑ EVS Broadcast Equipment sells its stake in dcinex to Ymagis SA
  9. ↑ Une nouvelle ère s'ouvre pour EVS Lecho 01-10-2011 Belgium
  10. ↑ EVS Broadcast Equipment appoints Joop JANSSEN as CEO "Yahoo Finance"
  11. ↑ EVS Broadcast Equipment announces departure of Joop Janssen, Managing Director and CEO
  12. ↑ EVS Broadcast Equipment appoints Muriel De Lathouwer as Managing Director & CEO
  13. ↑ Dominique Liesse (9 September 2019). "EVS se trouve un nouveau CEO". L'echo (in French).
  14. ↑ "EVS BROADCAST EQUIPMENT ACQUIRES 100% OF SVS GmbH" (PDF). Archived from the original (PDF) on 20 January 2015. Retrieved 20 January 2015.
  15. ↑ "Muriel De Lathouwer: EVS se prive de son énergique capitaine". l'Echo.
  16. ↑ "EVS annonce le départ de Muriel De Lathouwer, Administrateur Déléguée et CEO". EVS.com. Archived from the original on 27 August 2018. Retrieved 17 June 2022.
  17. ↑ EVS COMPLEMENTS ITS LIVE PRODUCTION SOLUTION PORTFOLIO BY ACQUIRING BROADCAST NETWORK INFRASTRUCTURE SPECIALIST AXON
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