Sportvision Acquires PVI
CHICAGO, ILL.: Sportvision today announced
it acquired “certain intellectual property, assets and contractual relationships
from PVI Virtual Media Services, LLC, “enabling Sportvision to commercially provide
all PVI products and services both domestically and internationally.” Terms of
the deal were not disclosed.
PVI is a Lawrenceville, N.J. provider of virtual insertion technology. Sportvision
does interactive sports graphics like the 1st & Ten line used in National
Football League games. The deal gives Sportvision a license to use PVI’s intellectual
property and patents, which were concurrently sold to a third party. Sportvision
also received the rights to continue to offer all existing PVI products and services.