Root Capital Purchases Autocue - TvTechnology

    Root Capital Purchases Autocue

    Root Capital, a London-based venture capital firm in the technology sector, has purchased prompting company Autocue. Simon Philips, partner of Root Capital and the new Autocue chairman, said the company will continue to use the Autocue name. Philips does not plan on facility closings or layoffs. The financial t
    Author:
    Publish date:

    Root Capital, a London-based venture capital firm in the technology sector, has purchased prompting company Autocue.

    Simon Philips, partner of Root Capital and the new Autocue chairman, said the company will continue to use the Autocue name. Philips does not plan on facility closings or layoffs.

    The financial terms of the deal were not disclosed. Autocue clients include the BBC, Bloomberg and MTV Europe.

    The Autocue newsroom Q series of products includes QLog, which records frame accurate MPEG output to a disk-based recorder system, QTicker and QScore, which allow insertion of crawling stock prices or sports scores, QVote, an integrated election system that automates and manages election data and QAudio a scripting and audio play-out system for the radio news environment.

    Related

    Business

    VOD Developer Raises $26 Million in New Capital

    VOD technology provider MidStream Technologies has closed a $26 million financing round. New investors include Canaan Venture Partners, Frazier Technology Ventures, ProVen Private Equity and The University of North Carolina. Prior investors Polaris Venture Partners, ARCH Venture Partners, Xilinx Inc. and Fluke Ventur

    Business

    DirecTV’s Root Sports Renews With HTN for Backhaul

    HTN Communications LLC announced that DirecTV Sports Networks, parent company of Root Sports, has renewed its contract with HTN to provide A/V backhaul services for Root Sport’s away broadcasts of all Pittsburgh Penguins hockey games, as well as Pittsburgh Pirates, Colorado Rockies, and Seattle Mariners baseball games.