Miranda has entered into an agreement to acquire VertigoXmedia, and its broadcast division for $10 million.
VertigoXmedia is a Montréal-based manufacturer of high-end graphics automation software and systems. The transaction is expected to close in early May.
With the purchase, Miranda adds software workflow and graphics capabilities to its existing playout branding products. The VertigoXmedia graphics platform would also provide Miranda with a new product range for the automated presentation of live graphics.