Imagine Communications Buys RGB Networks

Dallas-based Imagine Communications has acquired RGB Networks, a developer of video delivery products based in Silicon Valley. Financial terms of the buy were not disclosed. Imagine Communications said the buy will add dynamic ad insertion, cloud DVR, and other capabilities to its products. The deal was an asset deal. RGB Networks was venture backed by Accel Partners, Comcast Ventures, Focus Ventures, Institutional Venture Partners, and Kistler Associates.