International. ChyronHego announced the acquisition of Vidigo, a Dutch provider of IT-based software solutions for live broadcast production workflows. Based in Amsterdam, Vidigo offers a suite of tools for creating and managing streaming-quality video content.
"The broadcasting industry is currently very fragmented and preparing for consolidation, a key driver is migration to IT, with software-based production environments. With our recent acquisition, ChyronHego is well equipped to take a leading role in the consolidation and transformation of the industry," said Johan Apel, President and CEO, ChyronHego. "The acquisition of Vidigo, along with its products and core competencies in production automation, is an important first step in this process."
Vidigo solutions empower organizations to participate in video production, providing tools that are easy to learn and use. With a strong focus on ease of use and automation, the Vidigo product family minimizes the need for specialized technical personnel and helps reduce production costs. In acquiring the Vidigo family of products, ChyronHego will be well positioned to take advantage of new and emerging opportunities in news broadcasting, sports, and non-traditional markets, such as corporate and public sector video production.
"We are very excited to join the ChyronHego family, and the acquisition is an important milestone in our company's history," said Hans Krouwels, CEO of Vidigo. "At ChyronHego, we have found an ideal partner who shares our vision and passion for empowering today's broadcast operations through advanced, IT-based automation solutions."
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