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  6. Vizrt Acquires NewTek

M&A Deal Summary

Vizrt Acquires NewTek

On April 1, 2019, Vizrt acquired software company NewTek

Acquisition Highlights
  • This is Vizrt’s 1st transaction in the Software sector.
  • This is Vizrt’s 1st transaction in the United States.
  • This is Vizrt’s 1st transaction in Texas.

M&A Deal Summary
Date 2019-04-01
Target NewTek
Sector Software
Buyer(s) Vizrt
Deal Type Add-on Acquisition

Target

NewTek

San Antonio, Texas, United States
NewTek, Inc. is an IP-based, software-driven live video production solutions. NewTek is transforming the way people create network-style television content and share it with the world. From sporting events, Web-based talk shows, live entertainment, classrooms, and corporate communications to virtually any venue where people want to capture and publish live video.

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Buyer(S) 1

Buyer

Vizrt

Bergen, Norway
Category Company
Founded 1994
Sector Software
Employees635
Revenue 170M EUR (2022)
DESCRIPTION

Vizrt is a provider of real-time 3D graphics, studio automation, sports analysis and asset management tools for the media and entertainment industry. This includes interactive and virtual solutions, animations, maps, weather, video editing, compositing, and playout tools. Vizrt was founded in 1994 and is based in Bergen, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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