Broadcast software company ENCO has acquired Rushworks which it says will strengthen its professional video and audio technology as well as help it expand into new markets and applications.
Financial details of the deal have not been announced.
ENCO will retain the entire Rushworks staff, with founder Rush Beesley continuing to lead sales and marketing for the company’s product line, and the two engineering teams joining forces to develop new products and innovations moving forward. ENCO added it intends to integrate its automated captioning and translation services into existing Rushworks products.
“ENCO is the global leader in real-time captioning with its patented enCaption technology,” said Beesley. “The integration of its powerful, highly accurate captioning engine with our broadcast automation, integrated PTZ production, and courtroom production and streaming systems will ensure our mutual customers can comply with government regulations and provide critical captioning, transcription and translation services to audiences worldwide.”
“In broadcast, over-the-air and cable access TV systems are rapidly converging with OTT models, while radio stations are adding local production tools to support video podcasting and visual radio content,” added Beesley. “Our integrated video production systems, specialty robotic production products, and streaming solutions perfectly complement ENCO’s proven live and automated captioning and production systems for these markets worldwide.”
“The acquisition of Rushworks adds proven technology and talent that opens the door for us to innovate and develop cohesive, integrated broadcast and AV solutions for years to come,” said Ken Frommert, president of ENCO. “They also bring strong expertise in video applications, which diversifies our software portfolio to serve a much broader array of business verticals and applications.”