A video digitizer made by Philippe Borg in 1987, for a french company called Jagot & Leon. The french name of the hardware is ''Digizaliseur Ara'' (seen on sticker), or ''Ara Digitaliseur d'images video'' (seen on screenshot).
ARA is said to be simply referring to the colourful parrot with same name (rather than being an abbreviation for something like analog recording apparatus or so).