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Miranda Technologies acquires Softel

25 January 2013
Miranda Technologies acquires Softel

Miranda Technologies; a global provider of integrated solutions for production, playout and delivery systems, has acquired Softel; a provider of captioning, subtitling, audio and video description, interactivity and other key video technologies. “Captioning is a critical component of the playout chain, and one that is often difficult to manage,” said Marco Lopez, Miranda’s president. “By introducing Softel’s technology into the Miranda portfolio and directly integrating it into our iTX solution, we’ll present broadcasters with further efficiencies, not only in the purchase process, but also during deployment and in post-sale support as well. Miranda will continue to support the full Softel solutions suite and honour all Softel partner agreements.” “We’re certain our customers will benefit from the synergies this acquisition creates,” said Sam Pemberton, Softel’s CEO. “Being aligned with Miranda in the Belden family extends our reach into potential new markets and being part of this team allows us to focus on continuous innovation.” Integration planning will be led by a team of Miranda and Softel executives, but there will be no business disruption for Miranda or Softel during the transition. The integration is expected to be complete by this summer.www.miranda.com

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