Leitch Technology announced Jan. 10 that it has completed the acquisition of Inscriber Technology.
As announced on Dec. 16, 2004, Leitch entered into a definitive agreement to purchase Inscriber for a total purchase price of $18 million cash, including the assumption of $1.5 million in debt.
According to a statement from Leitch, Inscriber’s product line complements Leitch’s offerings, and the acquisition is expected to expand Leitch’s broadcast graphics, content branding and logo generation capabilities.
For more information, visit www.leitch.com and www.inscriber.com.
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