Vizrt acquires NewTek
Vizrt has acquired IP based, live video production provider, NewTek, combining the two companies.
Michael Hallén, current president & CEO of Vizrt, will lead the combined company. Dr. Andrew Cross, current president & CTO of NewTek, will assume the role of president of research and development.
Hallén said: “Combining our organisations allow us to pursue our joint vision of software-based video production, leveraging the power and flexibility of computing and IT-based systems.”
Both companies presented together at NAB 2019 on April 7, 2019.