Vitec Group Buys Amimon in $55 Million Cash Deal
Vitec has been a customer of Israel-based chipmaker Amimon since 2012
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Amimon is headquartered in San Jose, California, but the majority of its 60 employees are employed in its Israeli research and development center. The company develops chipsets and modules for real-time wireless video transmission. The company registered revenues of $18.6 million and an operating loss of $0.7 million for 2017, and revenues of $13.4 million for the first three quarters of 2018, according to Vitec.