Orad is a leading provider of state-of-the-art 3D real-time graphics, video servers, and related workflow management solutions. Their real-time video processing and pattern recognition algorithms, powerful hardware engines, sophisticated sensor technologies and innovative application generators, are used in news, channel branding, sports productions, elections and special events broadcasting, virtual studios and advertisements. Orad’s solutions streamline production workflow, enhance viewer experience and improve production value. The company has widespread and long-term relationships with a variety of leading broadcasting companies worldwide, particularly in Europe, such as Turner, ESPN, CANAL+ and others.
Founded in 1993, Orad was listed as a public company on the Frankfurt Stock Exchange (symbol: OHT) in 1999, and in 2015 it was acquired by Avid (Nasdaq: AVID).
The owner and CEO at the time of the acquisition by Avid was Avi Sharir (pictured).
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