Xilinx announced that the company has acquired NGCodec. NGCodec offers a powerful, differentiated video encoding technology that – when paired with a Xilinx acceleration platform – delivers greater visual quality at lower bandwidth requirements than any other solution in the market.
“With NGCodec’s team of talented engineers, Xilinx will be able to provide even more video capabilities to our data center customers.”, said the company
NGCodec technology pushes the envelope on the latest cloud video encoding standards, including H.265/HEVC, VP9 and very soon, AV1. Xilinx has been a technology partner and investor in NGCodec since 2016.
Xilinx further stated in its release that cloud video processing will be a key driver for the company as 70 percent of internet traffic coming from video streaming and growing at a rate of 50 percent year-over-year – the market forecast for cloud video processing estimates a SAM of $1.6 billion by 2023.
“So now that we’re working to take care of all of the back-end technology stuff, you can just sit back, relax, and take in just… one… more… episode.” added Xilinx
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