The acquisition, expected to complete in the coming weeks, provides customers of both Xytech’s MediaPulse & ScheduALL a robust product roadmap and greater global service offerings
Los Angeles, February 24, 2021 — Xytech, the leader in facility management software for the broadcast and media industries, has announced an agreement to acquire ScheduALL, a subsidiary of Net Insight. This acquisition provides Xytech the ability to afford customers, and the marketplace as a whole, an end-to-end resource management system with scalability and configurability in a cloud-enabled platform.
Xytech will continue to support the ScheduALL application and all ScheduALL clients. Xytech also offers the MediaPulse facility management software and the MediaPulse Managed Cloud.
“By combining two of the strongest companies in the resource optimization industry, we massively improve scale and will be able to offer even better solutions to both existing and new customers. ScheduALL is very well respected by some of the world’s leading media houses and I look forward to working with their strong team to continue to support their existing customer base. I also see great value in the constructive future partnership with Net Insight,” says Richard Gallagher, CEO of Xytech.
“With this transaction, we reach an important milestone in our journey towards a more focused and stronger Net Insight where we accelerate growth in our core Media Network’s business,” says Crister Fritzson, CEO of Net Insight. “ScheduALL has been a valuable part of the Net Insight portfolio, and I would like to thank all ScheduALL employees for their contribution over the years. We believe Xytech is the best future owner of the business and look forward to partnering with them to continue to serve shared customers across the media industry.”
Customers of both Xytech’s MediaPulse and ScheduALL will experience no service interruptions. This acquisition will allow Xytech to tap into ScheduALL’s experience in the transmission market, while providing ScheduALL customers with the benefits of the MediaPulse platform.
For over 30 years, the world’s premiere media companies have depended on Xytech to run their businesses. MediaPulse is the only end-to-end solution for the complete content lifecycle. MediaPulse provides scheduling, automation, asset management, billing and cost recovery for broadcasters, media services companies and transmission facilities in a scalable platform-independent solution.
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About Net Insight
Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market’s most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration.
For over 20 years the world’s leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world’s leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.
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