October 01, 2016 12:04 PM ET

Software

Company Overview of Vizrt Ltd.

Company Overview

Vizrt Ltd., together with its subsidiaries, provides real-time 3D graphics, studio automation, sports analysis, and media asset management tools for broadcast industry worldwide. The company offers interactive and virtual solutions, animations, maps, weather, video editing, and compositing tools. Its product line comprises Viz Engine, a real-time compositor of graphics and video; Viz Artist, a real time modeling and animation tool; Viz Trio, a one character generator for live televised events; Viz Pilot to create, manage, and deliver content for live and taped news, sports, election, and other broadcast productions; Viz Virtual Studio that supports camera-tracking solutions and other studio ...

Nordre Nøstekai 1

Bergen,  5011

Norway

Founded in 1994

595 Employees

Phone:

47 55 23 00 25

Key Executives for Vizrt Ltd.

Chief Executive Officer
Age: 52
Interim Chief Financial Officer
Age: 54
Chief Operating Officer
Age: 38
President of Vizrt APAC
Age: 49
President of Vizrt SEMEA
Age: 47
Compensation as of Fiscal Year 2016.

Vizrt Ltd. Key Developments

Vizrt and Vu Digital Enrich Media with Automatic Metadata at NAB 2016

Vizrt and VÅ« Digital are partnering to provide powerful automated tools to enrich metadata to assets in the Viz One media asset management (MAM) system. Vizrt will demonstrate the integration between Viz One and VÅ« Digital at the National Association of Broadcasters 2016 annual show here next week, the event focused on the intersection of technology, media and entertainment. Both companies will showcase the technology solution at the week-long industry conference, which begins on April 18 and is expected to attract over 103,000 media and entertainment professionals and feature over 1,700 companies showcasing new technologies that are driving the future of digital media and entertainment.

Vicon Announces Strategic Partnership with Vizrt

OMG plc announced that Vicon has announced a strategic partnership with Vizrt. The partnership will integrate Vicon's tracking solution with Viz Virtual Studio allowing production teams to quickly deploy virtual sets with its precise camera lens calibration and accurate tracking abilities. Vicon's broadcast solution includes a brand new piece of software called Studio. This software helps deliver smooth, reliable and low latency camera tracks of a quality not seen before within the virtual studio arena. It requires minimal motion capture cameras and is delivered through an easy workflow; providing the virtual studio user with an exciting new solution. Developed especially for broadcast virtual set applications, Vicon Studio calibrates broadcast cameras and lenses in minutes and is fully compatible with Vizrt's Tracking Hub, the powerful configuration and control system for virtual studios. Vicon Studio also integrates with industry-standard lenses from Fujinon and Canon - to output a synchronised stream of data including camera position and focus plus zoom information from the lens.

Vizrt Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Vizrt Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenues of USD 34,400,000 against USD 35,193,000 a year ago. Operating income was USD 8,885,000 against USD 7,221,000 a year ago. Income before taxes was USD 8,634,000 against USD 7,001,000 a year ago. Net income from continuing operations was USD 7,255,000 against USD 5,150,000 a year ago. Net income was USD 7,255,000 against USD 5,150,000 a year ago. Cash flows used in operating activities were USD 20,747,000 against cash flows from operating activities of USD 14,961,000 a year ago. EBITDA was USD 9,355,000 against USD 8,437,000 a year ago. Recurring EBITDA was USD 9,355,000 against USD 8,437,000 a year ago. Adjusted cash flow from operating activities was USD 6,331,000 against USD 14,961,000 a year ago. For the nine months, the company reported revenues of USD 34,400,000 against USD 35,193,000 a year ago. Operating income was USD 8,885,000 against USD 7,221,000 a year ago. Income before taxes was USD 8,634,000 against USD 7,001,000 a year ago. Net income from continuing operations was USD 7,255,000 against USD 5,150,000 a year ago. Net income was USD 7,255,000 against USD 5,150,000 a year ago. Cash flows used in operating activities were USD 20,707,000 against cash flows from operating activities of USD 10,076,000 a year ago.

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