10.19.2006 12:13 PM
Vitec Announces Acquisition of Autoscript Companies
The Vitec Group announced it has signed an agreement to purchase ALC Broadcast Limited, parent company of Broadcast Developments Limited (BDL) and the Autoscript companies (Autoscript Limited, BDL Autoscript (USA) Inc. and Autoscript Hire Limited), a world-leading company in the design and manufacture of teleprompting systems.

Joop Janssen, Chief Executive of Vitec Group Broadcast Systems Division, said, “We are delighted to announce this agreement. Autoscript is a leading supplier of teleprompting products and technologies around the world that are highly complementary to our product line and business model.

“This acquisition will strengthen our portfolio through its strong brand association with Vinten, Vinten Radamec and Sachtler and drive the development of innovative integrated products for use in studios, robotics and electronic news gathering (ENG) in the field.”

The Autoscript companies, with worldwide sales of £3.5 million in 2005, are confident of sustaining the significant growth achieved in recent years. With groundbreaking innovations such as Voice Activated Prompting, Autoscript’s management is positive that the company will remain at the forefront of prompting for the foreseeable future.

“We are excited about entering into this agreement and believe that Vitec Group will further strengthen our worldwide position and help us to continue to develop as the leading teleprompting company,”said Michael Accardi, President, Autoscript USA Inc.

Completion of the deal is expected during Q4 2006 and is subject to certain conditions being met by ALC Broadcast Limited.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

Featured Articles
Exhibitions & Events
Discover TV Technology