EVS Broadcast Equipment announced it has signed the contract with NEP Group. The deal covers a large number of EVS server upgrades for assets that NEP owns and operates across its worldwide network of companies. The contract is valued slightly above USD 15 million.

Upgrades to equipment will be delivered from 2016 through 2018, and revenue will be recognized accordingly. NEP is a longstanding major EVS customer, and this multi-year contract underscores their long-term confidence in EVS solutions. The investment in the EVS upgrades demonstrates NEP's commitment to keeping its equipment well positioned to handle changing and future industry needs.