KIT Digital

KIT digital, Inc.

"The Future of Television"
Industry	IPTV
Headquarters	New York City
Key people	Peter Heiland (interim) CEO Fabrice Hamaide CFO Mark Christie CTO
Website	http://www.piksel.com

KIT digital was a video management software and services company before filing bankruptcy in April 2013. The KIT Video Platform is the company's cloud-based video asset management system. KIT digital services nearly 2,500 clients in 50+ countries including some of the world's biggest brands. The company maintains corporate headquarters in New York City and principal offices in Atlanta, Buenos Aires, Ely, London, Los Angeles, Miami, Milan, Paris, San Diego, San Francisco, and York. Upon emerging from bankruptcy in August 2013, the company changed its name to Piksel.

In late 2007, Kaleil Isaza Tuzman purchased a controlling interest in ROO Group and became the company’s CEO and chairman of the board. ROO Group changed its name to KIT digital in 2008 after financial restructuring of the company.

KIT digital embarked on a growth by acquisition strategy and quickly acquired a number of players in the digital media IP video industry. In 2008 they acquired, Sputnik Agency, Visual Connection, Kamera and Morpheum. In 2009, Narrowstep, Nunet, The FeedRoom and Juzou. KIT digital was listed on the NASDAQ Global Market in August 2009 under the ticker "KITD". The key acquisitions facilitated KIT digital to become one of the largest video software and service providers in the world. In September 2009 KIT digital moved its global headquarters from Dubai, UAE to its European head office and technical operations hub in Prague, Czech Republic citing the European zone now represented in excess of 50% of the company’s revenue stream.

In 2010 the company bought the Atlanta-based live event broadcaster Multicast Media Technologies and later went on to buy more broadcast and media asset management companies including Benchmark Broadcast Systems,Megahertz Broadcast Systems,Accela Communications and Brickbox Digital Media. By October that year, KIT digital was estimated to control 25% of a $500 million market for Internet video-management software.