Vizrt Buys NewTek to Become A Global Powerhouse In Advanced Video Systems

SAN ANTONIO, USA and BERGEN, NORWAY — April 1, 2019 — Vizrt, the world’s leading provider of visual storytelling tools for media content creators, has acquired NewTek, world leader in IP-based, software-driven live video production solutions. The acquisition establishes the biggest company in the broadcast space that is committed to enabling IT based video production. The main objective is to make it possible for people to explain their story using video, whether they are a kid in a classroom or a tier-1 broadcaster.

Both companies will emerge as the driving force in the transition to IP video for live production with NDI^® and SMPTE 2110, with each serving distinctive needs. The company will deliver flexible end-to-end workflows for all levels of production and software-based services and products for media, sports, entertainment, esports, enterprise, and education. Click here for the full article.