Norwegian 2D/3D software company Vizrt Ltd. has acquired all assets of privately-held Curious Software Co. Ltd., maker of the World Maps solution for creating maps and geographical animations for TV and video. The deal was concluded for $5 million in cash, with up to an additional $4 million in ordinary shares of Vizrt to be paid to Curious shareholders upon reaching certain milestones over the next year.
Curious Software, which boasts around 500 customers worldwide and earned approximately $2.8 million in revenues during the last fiscal year, is being fully being integrated into Vizrt. Curious products are replacing the inferior Vizrt map systems and 13 Curious staff members are joining the Vizrt team, which grows to 148 people.
All Vizrt’s graphics products, all powered by the single-core Viz|Engine renderer, have been employed in conventional digital and high-definition content delivery by such leading broadcasters as CNN, CBS, BBC, Sky, ITN, ZDF, Star TV, TV Today and NHK. More information on the company can be found at www.vizrt.com.
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