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      Home News

      Miranda Technologies acquires Softel

      Vijaya Cherian by Vijaya Cherian
      January 27, 2013
      in News, Mergers/Acquisitions
      ShareTweetPostEmail

      Miranda Technologies has acquired UK-based subtitling and captioning expert Softel. Integration planning will be led by a team of Miranda and Softel executives, but there will be no business disruption for either of the companies during the transition. The integration is expected to be completed by this summer.  “Captioning is a critical component of the […]

      The fund is aimed at encouraging more Arabic content for feature-length films.

      Miranda Technologies has acquired UK-based subtitling and captioning expert Softel. Integration planning will be led by a team of Miranda and Softel executives, but there will be no business disruption for either of the companies during the transition. The integration is expected to be completed by this summer.

       “Captioning is a critical component of the playout chain, and one that is often difficult to manage,” said Marco Lopez, Miranda’s president.

      “By introducing Softel’s technology into the Miranda portfolio and directly integrating it into our iTX solution, we’ll present broadcasters with further efficiencies, not only in the purchase process, but also during deployment and in post-sale support as well. Miranda will continue to support the full Softel solutions suite and honor all Softel partner agreements.”

      In addition to its Swift line of subtitling and captioning products, Softel offers a host of advanced television systems that improve efficiency and enable new revenue streams. Network operators can offer interactive television and “second screen” applications to their subscribers and improve headend efficiency with the MediaSphere suite or add MPEG ad insertion capabilities with Oliver. Softel also provides solutions for ancillary data processing, audio/video description and Teletext.

      “We’re certain our customers will benefit from the synergies this acquisition creates,” said Sam Pemberton, Softel’s CEO.

      “Being aligned with Miranda in the Belden family extends our reach into potential new markets and being part of this team allows us to focus on continuous innovation.”

       

      Tags: featuredpostSoftelMiranda Technologies

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