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Leitch Technology completes acquisition of Inscriber
Jan 14, 2005 8:00 AM, Sports Technology Update e-newsletter
Leitch Technology announced Jan. 10 that it has completed the acquisition of Inscriber Technology.
As announced on Dec. 16, 2004, Leitch entered into a definitive agreement to purchase Inscriber for a total purchase price of $18 million cash, including the assumption of $1.5 million in debt.
According to a statement from Leitch, Inscriber’s product line complements Leitch’s offerings, and the acquisition is expected to expand Leitch’s broadcast graphics, content branding and logo generation capabilities.
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