Aldrich brings an extensive background in
growing media technology businesses. Outgoing Zixi CEO Gordon Brooks will remain active as Executive
Chairman.
WALTHAM,
Mass., Sept. 10, 2024 /PRNewswire/ --
Zixi, the leader in IP-based high value live video transport
and observability software, today announced the appointment of
Marc Aldrich as Chief Executive
Officer, effective October 1, 2024.
Marc succeeds CEO Gordon Brooks, who
has led Zixi for more than seven years and established Zixi as the
market leader in delivering live video over IP at scale, and will
remain actively involved in the business as Executive Chairman.
Zixi is backed by Boston-based
software private equity firm Clearhaven Partners since its
transaction was announced in June
2024.
Aldrich brings extensive experience in scaling technology
businesses. Prior to Zixi, Aldrich was CEO of ThinkAnalytics, and
previously served as General Manager of the Media &
Entertainment Industry Business Unit within Amazon Web Services
where he built and led the development of AWS' M&E Industry
business for five years. Prior to AWS, Aldrich led the Americas
sales region for Cisco's Global Service Provider Segment. In this
role, he was responsible for Cisco's service provider strategy and
business relationships for Cable, Telco, and Media customers as
well as related channel partnerships and go-to-market segments. In
addition to his direct role, Aldrich held global responsibility for
Cisco's Service Provider video architecture, strategy, and global
go-to-market. Aldrich has built a strong reputation in the industry
for customer-centricity and business transformation.
"Zixi has already built a reputation for innovation and
reliability supporting high value media workflows across our
industry," said Gordon Brooks. I
worked closely with Marc for 5 years while he was at AWS and
experienced his integrity and broad industry knowledge
firsthand. "Marc's experience is exactly what we sought
to propel the business into next-level growth. I look forward to my
close collaboration with Marc and continued partnership with the
Clearhaven Partners team."
"I'm delighted to welcome Marc to Zixi as CEO," remarked
Michelle Noon, Founder and Managing
Partner of Clearhaven Partners. "His experience scaling media
technology businesses is a perfect fit for Zixi at its current
growth inflection point. I'm equally excited to continue to work
with Gordon Brooks in his capacity
as Executive Chairman. Over nearly the past decade, Gordon has been
instrumental in Zixi's innovation and growth across broadcast,
enterprise, OTT and other market segments and the Company will
continue to benefit from his insights and perspective."
"It's an honor to join Zixi as CEO," said Marc Aldrich. "I've known and admired Zixi for
many years, notably in my prior role at AWS. Zixi's differentiated
software has widespread applicability for reliable, cost-efficient
software supporting media transport workflows and orchestration of
high value content. There's enormous continued potential for Zixi
in its next phase as we expand market presence and drive adoption
to support our customers' business objectives. I look forward to
working with Clearhaven Partners and Gordon as we embark on this
next chapter."
Zixi's Emmy-winning software platform brings live
broadcast-quality video to the world. Zixi is trusted for
abstracting the complexity of IP contribution and delivery with
full telemetry coupled with AI and advanced analytics for unmatched
reliability. Zixi's software solutions provide end-to-end
live IP video delivery at ultra-low latency with orchestration of
complex workflows and advanced monitoring across connected nodes to
1400+ customers and 400+ integrated partner offerings to enable
reliable broadcast-quality video delivery over any IP network for
broadcasters, enterprises, OTT video providers, sports leagues and
franchises, service providers, cable operators and telcos around
the world. Zixi's software enables ultra-reliable and scalable
performance for the most discerning customer ecosystem including
Amazon Prime Video, AWS Elemental Media Connect, FOX, Fubo, MLB,
Net Insight, Netflix, NHL, Paramount, Roku, Sinclair, SKY,
Univision, Wurl, YouTube TV and hundreds of additional leading
media and entertainment organizations globally.
In the current M&E environment where organizations seek
efficiency and improved profitability, Zixi demonstrably provides
the lowest total cost of ownership (TCO) for large-scale IP video
delivery deployments through its innovative software, resulting in
up to 60% lower egress costs. Dramatic improvements in
high-performance networking leverages DPDK to achieve significant
throughput efficiency improvements while utilizing only a fraction
of the processing power by bypassing the operating system to
communicate directly with the network card resulting in 40x
throughput performance compared to open-source options. In
addition, Zixi software runs on Graviton ARM 3 processors with an
incremental reduction of up to 40% compute costs in AWS realized.
These tangible cost savings allow Zixi customers to redeploy their
budgets to the creation and monetization of new content
acquisition, develop new business models and opportunities to
generate revenue for their businesses.
The Zixi team will be exhibiting these capabilities this week in
Amsterdam at IBC 2024, to learn
more and schedule a meeting please visit Zixi at IBC
2024.
About Zixi
Zixi provides the cloud based and on-premises Software-Defined
Video Platform (SDVP®) that enables reliable
broadcast-quality video delivery over any IP network, any protocol,
any cloud provider and any edge device. The company offers
technologies for broadcasters, enterprises, over-the-top video
providers, sports leagues, service providers, cable operators and
Telcos around the world, giving them the lowest TCO in the
industry. Many of Zixi's clients are delivering and managing
thousands of streams, and there is no other alternative in the
market that can provide 99.999%+ reliability at scale. Zixi
simplifies building and managing congestion-aware live video routes
on any network, with support for 18-protocols across any operating
environment, with products that are purpose built to provide market
leading performance, universal interoperability and an operational
control plane that simplifies management and orchestration at
scale. With 15+ years of innovation and expertise, the Zixi Enabled
Network has grown to over 1400+ media customers and 400+ OEM and
service providers that deliver 20,000+ channels daily, with
200,000+ deployed instances in over 120 countries, gathering over 9
billion data points a day while delivering over 100,000 live
sporting events a year. This powerful ecosystem of the largest
media organizations in the world exchanging live video allows for
the creation and acceleration of new content acquisition, business
models, and opportunities to reduce cost and generate
revenue. www.zixi.com
About Clearhaven Partners LP
Clearhaven Partners is a Boston-based private equity firm focused
exclusively on investments in software and technology businesses.
Clearhaven was founded in 2019 by an investor-operator team to
partner with differentiated, growing software and technology
companies. Clearhaven brings a collective 50+ years of software
investing and operating experience to its portfolio companies
through its partnership approach to value creation to help
companies scale profitably. Clearhaven manages more than
$1 billion in assets under management
as of 6/30/24. Visit us at www.clearhavenpartners.com.
For more information, contact:
Zixi: info@Zixi.com
Denise Williams, Bubble Agency,
+1 503 806 0755, denisew@bubbleagency.com
Shawn Belluigi, Bubble Agency, +44 7754 553798,
shawnb@bubbleagency.com
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SOURCE ZIXI