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Qvest and Grass Valley sign US$25m media contract

Qvest and Grass Valley sign US$25m media contract

Qvest and Grass Valley sign US$25m media contract

Grass Valley has signed a US$25m multi-year contract with consultant, systems architect and media technology provider, Qvest. The two companies are to combine market offerings with an aim to meet demands of today’s media industry.

Qvest CSO, Christian Massmann, said of the signing: “The entertainment industry is evolving at an astonishing rate with audiences demanding more content across a greater number of devices. By working closer with the Grass Valley team in future, we will be able to share market insights, align our technology roadmaps and leverage greater purchasing.”

“We are delighted to be embarking on this next phase of the strategic partnership with Qvest and look forward to jointly realising the benefits of the win-win enterprise agreement. Over the past 20 years, we have forged a powerful alliance and this next step will further strengthen our technology and business collaboration and will provide customers with world-class solutions that address both current operational challenges as well as longer-term transformational goals,” concluded Tim Shoulders, Grass Valley CEO.

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