Vizrt to acquire asset management company Ardendo
January 13, 2006
Vizrt has signed a Letter of Intent to acquire Ardendo, a software developer that provides media asset management solutions for broadcasters. Based in Stockholm, Ardendo offers a range of software solutions for digital archiving, ingest, transcoding, browsing, and system integration media management for stations moving to IT-based production and archiving.
Under terms of the deal, Vizrt will acquire all outstanding shares of Ardendo. The deal is expected to close in April and is subject to due diligence and board approval of both companies.
Incorporating Ardendo’s range of media asset management solutions will extend Vizrt’s offering of graphics-specific products to a full broadcast production system that targets the entire workflow from ingest to visualization.
Ardendo’ ingest, media management and archive solutions include ARDOME for media management and archiving; the DART ingest scheduler; the ARDCAP ingest station and play-out control; the ARDENC transcoder; and ARDEON, an entry-level archive solution. The company’s customer base represents those in news, general program production, playout services and postproduction.
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