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NEWS ACQUISTIONS & MERGERS SintecMedia acquires Pilat Media S SIS Live Special Cameras formidable inventory and specially designed gear are the perfect additions to Vitec Videocoms global services, expanding its worldwide presence, and trading will take place under the Camera Corps brand. The move will also complement Vitec Videocoms other services groups - The Camera Store in the UK, and Bexel in the USA - reinforcing the delivery of the world’s most aspirational broadcast capture requirements. intecMedia have announced that the company has acquired Pilat Media. Both companies are leading providers of media business management software. The combination of the two leading companies creates the broadest portfolio of business management solutions tailored to all types of media businesses and creates a driving force of innovation in the media industry. Pilat Media’s flagship product, IBMS (Integrated Broadcast Management System), its MediaPro (advertising sales systems), and the OTTilus over- the-top (OTT) TV service platform join SintecMedia’s line of OnAir(TM), SIMS, Nestor, and Medea solutions to offer best-of-breed business management solutions with increased R&D investment for the benefit of all customers. Calrec Audio acquired by Electra Partners Two strategic acquisitions… Vitec Videocom boosts Camera Corps offering V itec Videocom is expanding its Camera Corps business with the incorporation of assets from SIS Live Special Cameras (formerly BBC Special Cameras). The offering will bring customers a range of specialist cameras that take the viewer straight into the heart of the action from live sporting and high profile events, through to Royal occasions and Red Arrow aerial displays. C alrec Audio is pleased to announce its acquisition by Electra Partners. Calrec will become a sister company to Allen & Heath, which Electra acquired last year. “When we made our initial investment in the professional audio sector by supporting the buyout of Allen & Heath, Electra provided all of the new financing to ensure flexibility with respect to further acquisitions in the sector,” said Alex Fortescue, chief investment partner of Electra Partners. “The acquisition of Calrec shows the benefits of this approach, and both companies are well-placed to accelerate growth as a result.” Celebrating its 50th anniversary this year, Calrec Audio is exclusively dedicated to excellence in audio mixing for on-air and live production. Over the past 50 years, Calrec has developed a range of digital consoles relied on by the world’s most successful broadcasters. “We are excited to be working with Electra Partners as we continue to develop our business into more international markets,” said Calrec Managing Director Roger Henderson. “Calrec has experienced rapid growth over the past few years. We have a very healthy product portfolio, and we look forward to working alongside Electra Partners as we continue to break new technological boundaries.” 40 | TV-BAY MAGAZINE: ISSUE 89 MAY 2014 M ediaBridge Capital Advisors have announced that it has served as the exclusive investment banking advisor on two international acquisitions that both closed on March 18, 2014. Reflecting a growing M&A trend toward consolidation of hardware and software enterprises, the deals include the $25 million sale of U.K.-based broadcast automation and channel-in-a-box software leader Pebble Beach Systems to Vislink plc, a global U.K.-based wireless communications vendor, and the CA$21 million sale of Montreal-based visual communications software pioneer X2O Media to Barco N.V., a multinational manufacturer of visualization systems based in Belgium.