ChyronHego has acquired VidiGo, a Dutch provider of IT-based software solutions for live broadcast production workflows. Based in Amsterdam, VidiGo provides a suite of tools for the creation and management of broadcast quality video content. Chyron and Hego Group joined forces in 2013 and the collective ChyronHego brand provides broadcast graphics, playout, and real-time data visualisation services.
"The broadcast industry is currently quite fragmented and is primed for consolidation, with a key driver being the migration to all-IT, software-based production environments. With our recent acquisition by Vector Capital, ChyronHego is well-equipped to take a lead role in that consolidation and the industry's IT transformation," said Johan Apel (pictured), president and CEO, ChyronHego. "The acquisition of VidiGo, together with its products and core competencies in production automation, is an important first step in this process."
With a focus on usability and automation, the VidiGo family of products is designed to minimise the need for specialised technical staff and help lower production costs. In acquiring VidiGo products, ChyronHego hopes to take advantage of new and emerging opportunities in broadcast news, sports, and non-traditional markets such as corporate and public-sector video production.
Apel added, "VidiGo offers an outstanding suite of solutions, including one of the market's best IT-based studio automation systems. The VidiGo technology will provide an ideal complement and extension to our BlueNet graphics creation and playout workflow system and enable us to offer our joint customers a true end-to-end, IT-based production solution."
"We're very excited to be joining the ChyronHego family, and the acquisition is a significant milestone in the history of our company," said Hans Krouwels, CEO of VidiGo. "In ChyronHego, we've found an ideal partner who shares our vision and passion for empowering today's broadcast operations through advanced, IT-based automation solutions. The acquisition will give our customers access to a vast array of the industry's most sophisticated graphics creation and playout solutions."