VITEC, a privately owned company headquartered in France, was founded in 2001, employs approximately 470 individuals, and reported $58.2M in revenue as of 2024. It operates as a tier 2 media tech buyer. The company specializes in video processing and playout, providing digital signage media players for IPTV and retail.

2024 Revenue

Founded

2001

Headcount

471

Headquarters

France

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

Deployments

18

News Summary:

VITEC encoders are providing secure, real-time Full Motion Video (FMV) streaming for Hyperever's Proteo robot, addressing existing limitations such as high latency and significant bandwidth requirements for robodog deployments, which operate autonomously in challenging terrain and carry payloads. Previously, on June 19, VITEC introduced the Diamond-IP OG, an openGear-compatible encoder designed to facilitate the transition from SDI to IP workflows while boosting channel density and reducing bandwidth. Built for broadcast production and enterprise video, the encoder can transport multiple HD signals or a single 4K stream over IP. Earlier, on June 10, VITEC demonstrated its latest enterprise video technologies, including solutions for IPTV, digital signage, and private 5G, at InfoComm 2026. This demonstration followed VITEC's partnership with LG Electronics, announced on June 9, to deliver large-scale IPTV and digital signage solutions over private 5G networks. The alliance combines VITEC's technology with LG Electronics’s private 5G network expertise, targeting large venues and mission-critical enterprise video applications to provide a "wire-like" experience.

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VITEC offers 13 products in the pro AV and media tech industries. VITEC's product portfolio comprises of pro AV controls and infrastructure, connectivity infrastructure, digital signage and professional display, conferencing and video processing and playout.
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VITEC's revenues were less than $100M in 2024. Caretta Research has split VITEC's revenue into 7 different product categories.
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VITEC's customers primarily consist of athletics and multi-discipline sports and media and TV services companies. Examples of VITEC's customers include NBCUniversal, Netflix and Northwestern University.

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