As we start 2021, Allegro DVT confirms its expansion strategy building on a busy 2020 during which we continued to implement key initiatives to set the stage for the next chapters of our development despite a challenging environment.

During 2020:

• Remote working became a necessity and allowed us to ensure continuity of our business while helping our employees maintain effectiveness, job satisfaction and improve work/life balance
• We continued to develop new innovative products and engage with new customers in developing vertical markets with our multi-format 8K video encoder and decoder IPs and VVC compliance streams
• We doubled the square footage of our office space in France, continued to welcome new colleagues and continued our profitable growth

During 2021:

• We continue along our innovation path and will soon announce new products release
• Our global expansion is also continuing in all locations to include Europe, North America and Asia

Overall, although our progress was slower than we hoped for in 2020, it was still a highly successful year and now that we can see past the pandemic, Allegro DVT plans to put our foot firmly on the accelerator in 2021!