ChyronHego to Acquire Norwegian Weather Graphics Company WeatherOne AS
LAS VEGAS, NV -- (Marketwired) -- 04/07/14 -- Visit ChyronHego at
NAB Show 2014, Booth SL1110 -- Today at NAB Show, ChyronHego (NASDAQ:
CHYR) announced that the company has reached a definitive agreement
to acquire WeatherOne AS, a leading provider of weather forecast
solutions for broadcast and digital media. WeatherOne is a privately
held company that is headquartered in Oslo, Norway.
Under the agreement, ChyronHego will acquire WeatherOne and its
world-renowned Metacast(R) technology -- a comprehensive solution
that includes a high-performance, live-to-air weather graphics and
broadcast production system, and a complete weather and climate data
"We are committed to providing our customers with top-tier solutions
that create a complete end-to-end broadcast graphics workflow," said
Johan Apel, president and chief executive officer at ChyronHego.
"This acquisition will open a new market segment for us while
bridging a general gap in news production workflow. WeatherOne is an
expert in the weather space and we are confident that this decision
will deliver great benefits for customers, employees and shareholders
"Built on years of sophisticated innovation, our industry-defining
Metacast solution is installed in TV stations in 40 countries and on
5 continents," said Karl Eggestad, founder and executive director at
WeatherOne. "Weather is news, and now broadcasters will be able to
leverage the combination of the ChyronHego technologies also within
this arena to monetize their audience's interest and the governments'
push to keep the public aware and prepared for oncoming weather."
Metacast will be on display during NAB Show at ChyronHego's booth,
SL1110. For more information about WeatherOne, please visit
WeatherOne, formerly a subsidiary of Metaphor, a
broadcast industry solutions company providing tailored, cutting edge
information technology solutions and graphics services to the
television broadcast and convergence media market. WeatherOne has
installed systems with hundreds of broadcast clients worldwide.
WeatherOne has its headquarters in Oslo, Norway, with additional
partner sales and service offices in Kuala Lumpur, Dhaka, Tokyo,
Seoul, Sydney, Belgrade, Miami and San Francisco.
ChyronHego (NASDAQ: CHYR) is a global leader in
broadcast graphics creation, playout and real-time data visualization
with a wide range of products and services for live television, news
and sports production. Joining forces in 2013 with over 80 years of
combined industry expertise, Chyron and Hego Group offer
award-winning solutions -- such as the TRACAB(TM) player tracking
system and the end-to-end BlueNet(TM) graphics workflow -- under the
collective ChyronHego brand. Headquartered in Melville, N.Y., the
company also has offices in the Czech Republic, Denmark, Finland,
Germany, Mexico, Norway, Singapore, Slovak Republic, Sweden, and the
United Kingdom. For more information on ChyronHego, visit
All trademarks and registered trademarks mentioned herein are the
property of their respective owners.
ChyronHego PR Contact:
Public Relations Manager
Tel: +1 (631) 845-2102
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