Mergers and Acquistions News
Categories: Media & Information Services
March 20th 2009, 15:17PM
Ross Video has announced the acquisition of Netherlands based firm the Media Refinery.
Media Refinery is the developer of XPression, a 2D and 3D high-definition character generator and motion graphics system.
Designed for graphic designers and programmers, XPression enables real-time layering and animation of 3D models, 2D and 3D text, rendered animations, live video and web content.
The client list for the software comprises companies in Germany, Belgium and the Netherlands, among others.
Financial terms of the acquisition were not disclosed, but Media Refinery employees will now join Ross Video.
"Live graphics will enhance Ross' portfolio of live production solutions," said David Ross, chief executive officer of Ross Video.
"The acquisition of a leading edge, live 2D/3D high-definition character generation and motion graphics system adds to Ross' strength in providing customers with complete solutions."
Ross Video creates products for use in broadcast, distribution, live event and production applications, with a customer base including TV giants such as the BBC and Fox.
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