Crystal Acquires VDS
Crystal, a provider of software control systems, has completed its acquisition of Video Design Software (VDS), a New York-based broadcast ...
Crystal, a provider of software control systems, has completed its acquisition of Video Design Software (VDS), a New York-based broadcast control and graphic data insertion software company. The terms of the transaction were not disclosed. Crystal will integrate the acquired VDS technology into its monitoring, control and metadata management solutions for video distribution over satellite, cable and internet. VDS has transitioned all operations to Crystal, including sales, marketing, management and support of all its products.
"The VDS Streamliner software is a natural complement to Crystal's Insight suite of products," said Roger Franklin, CEO of Crystal. "We will use the company's graphics and digital asset management control systems to selectively extend our product line. We have been discussing the prospect of a business relationship with VDS for several years, and 2017 was the right time for both parties. We have some exciting things planned for the community both of us serve."