System.NullReferenceException: Object reference not set to an instance of an object. at DotNetNuke.Framework.DefaultPage.OnLoad(EventArgs e) in e:\websites\tvtechnology.com\public_html\Default.aspx.cs:line 791 Vizrt set to acquire Ardendo | TvTechnology

Vizrt set to acquire Ardendo

January 23, 2006

Vizrt has signed a letter of intent to acquire Ardendo, developer of media asset management software for broadcasters. Based in Stockholm, Sweden, Ardendo offers a range of software solutions for digital archiving, ingest, transcoding, browsing and systems integration media management for broadcasters moving to IT-based production and archiving.

Vizrt will acquire all outstanding shares of Ardendo for $23 million. The deal is expected to close by April 30, and is subject to due diligence and board approval of both companies.

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Incorporating Ardendo’s range of media asset management products will greatly extend and strengthen Vizrt’s own graphics-based offering to a full broadcast production system, addressing every step from ingest to visualization.

For more information, visit www.vizrt.com.

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