Transcription and localisation studio Take 1 has been acquired by US-based company Verbit.
According to Verbit, the deal bolsters its growing presence in Europe following its acquisition of UK market research specialist Take Note in March.
It added that the acquisition will enable Verbit’s customers to benefit from Take 1’s expertise in unscripted production workflows, Ofcom and FCC compliance and multi-language audio descriptions. The acquisition will also enhance its performance and delivery of UK English language requests, said Verbit.
“The addition of Take 1 advances Verbit as the leading partner to deliver on every media access need including captioning, transcription and audio description,” said Tom Livne, CEO and founder of Verbit. “I’m excited to provide enhanced service designed to meet our joint customers’ growing post-production needs, while investing more in the UK and European regions.”
“We’re thrilled to be joining the Verbit family and adding our specialised teams and technologies into the fold,” added Louise Tapia, CEO of Take 1. “With the support of Verbit’s international footprint, proven capabilities and world-leading technologies, we will be able to expand and enhance our services to provide all clients with a unique end-to-end offering.”
Financial details of the acquisition have not been revealed.
- How Take 1 helps broadcasters and streaming services meet the demand for subtitled and localised content