The boards of directors of the MPEG Industry Forum and the Internet Streaming Media Alliance have entered into a binding agreement to merge the two organizations by allowing MPEGIF members to become ISMA members and going forward as MPEGIF within the ISMA California non-profit corporation. MPEGIF’s current structure as a Swiss association will be dissolved. “ISMA delivered massively important technology contributions resulting in great value and lasting benefit to our industry over the years ” says Sebastian Moeritz president of MPEGIF and CEO at Dicas. “We are absolutely delighted to see the long cooperation and mutual admiration between ISMA and MPEGIF result in this agreement.” MPEGIF is pleased to take this opportunity to increase its strength and to gain the operational efficiencies we will be able to bring to our members says David Price vice president of MPEGIF and vice president at Harmonic. The industry is facing huge changes in the way video is enjoyed and the advocacy of MPEGIF for solution wide standards is more vital than ever. “ISMA’s highly successful standards will gain additional visibility through the merger and will continue to be widely available to the broader industry through the success and influence of MPEGIF ” says Yuval Fisher chair of ISMA and CTO of RGB Networks.