ChyronHego today announced that the company has acquired VidiGo, a Dutch provider of innovative, IT-based software solutions for live broadcast production workflows. Based in Amsterdam, VidiGo provides a suite of tools for the creation and management of broadcast-quality video content.
“The broadcast industry is currently quite fragmented and is primed for consolidation, with a key driver being the migration to all-IT, software-based production environments. With our recent acquisition by Vector Capital, ChyronHego is well-equipped to take a lead role in that consolidation and the industry’s IT transformation,” said Johan Apel, president and CEO, ChyronHego. “The acquisition of VidiGo, together with its products and core competencies in production automation, is an important first step in this process.”
VidiGo solutions empower organizations to engage in video production by providing tools that are easy to learn and simple to use. With a strong focus on usability and automation, the VidiGo family of products minimizes the need for specialized technical staff and helps lower production costs. In acquiring the VidiGo product family, ChyronHego will be well-positioned to take advantage of new and emerging opportunities in broadcast news, sports, and nontraditional markets such as corporate and public-sector video production.
“We’re very excited to be joining the ChyronHego family, and the acquisition is a significant milestone in the history of our company,” said Hans Krouwels, CEO of VidiGo. “In ChyronHego, we’ve found an ideal partner who shares our vision and passion for empowering today’s broadcast operations through advanced, IT-based automation solutions. The acquisition will give our customers access to a vast array of the industry’s most sophisticated graphics creation and playout solutions.”
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