Sony Pixel Power calrec Sony

Xytech Purchases ScheduALL from Net Insight in $6 Million Deal

24/02/2021

Xytech Purchases ScheduALL from Net Insight in $6 Million Deal By Ken Kerschbaumer, Editorial Director

Wednesday, February 24, 2021 - 9:07 am

Print This Story | Subscribe

Story Highlights

Xytech Systems has purchased ScheduALL from Net Insight in a transaction valued at $6 million. The transaction is expected to be completed in the coming weeks. 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, says Richard Gallagher, CEO of Xytec. 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.

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.

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.

The divestiture of ScheduALL reflects Net Insight's strategy to focus on its core Media Networks business, where substantial progress has been made to capture growth opportunities across cloud, IP and remote production applications.

The transaction involves divestment of 100% of the shares in the wholly owned ScheduALL subsidiaries on a cash and debt free basis for a total transaction value of $6 million, with $3 million in cash at closing and the remainder as a promissory note payable over the next 12-18 months. ScheduALL has previously operated on an independent basis. As a result, the effect on the rest of Net Insight's operations will be limited. The Resource Optimization business area had net sales of SEK 67.2 million and operating earnings of SEK 4.1 million for the financial year 2020.

The transaction will have a positive net earnings effect on Group level of estimated SEK 35-45 million. The exact amount will be determined at deal closing.

The transaction is expected to close in the coming weeks, subject to satisfaction of customary closing conditions.
LINK: https://www.sportsvideo.org/2021/02/24/xytech-purchases-scheduall-from...
See more stories from svg

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

04/08/2026

Dalet Announces Commercial Availability of Dalia, Bringing Media-Aware Agentic AI to Enterprise Productions

Dalet, a leading technology and service provider for media-rich organizations, t...

04/07/2026

Detective Conan: Fallen Angel of the Highway Opens in Dolby Cinemas Across Japan, Presented in Dolby Atmos and Dolby ...

April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...

01/06/2026

Dolby Sets the New Standard for Premium Entertainment at CES 2026

January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026 Throughout the week, Dolby brings to life the latest innovatio...

28/05/2026

NAB, MPA and NCTA Defend Current TV Ratings System

Share Copy link Facebook X Linkedin Bluesky Email...

28/05/2026

Amazon MGM Studios, AWS Launch the GenAI Creators' Fund

Share Copy link Facebook X Linkedin Bluesky Email...

28/05/2026

AudioShake Launches New Copyright Compliance System

Share Copy link Facebook X Linkedin Bluesky Email...

28/05/2026

ITV Studios Deploys Cuez Live Production Platform

Share Copy link Facebook X Linkedin Bluesky Email...

28/05/2026

ACT Entertainment Introduces Green Hippo Estuary Series a...

Green Hippo, an ACT Entertainment brand, will pull back the curtain on the Estuary Series, a next-generation media control platform engineered for the scale, sp...

28/05/2026

ZEISS Introduces Panoptes 65 Cinema Lenses at Cine Gear E...

First Hands-On Opportunity at Universal Studios Lot, June 5-6 Oberkochen, Germany, May 27, 2026 ZEISS is launching their new Panoptes 65 primes at Cine Gear ...

28/05/2026

Wooden Camera Releases New Accessories for Blackmagic URS...

Irvine, CA May 20, 2026 Wooden Camera today announced the release of new accessories for the Blackmagic URSA Cine Immersive. The new lineup includes a redes...

28/05/2026

Six films, one unmissable collection. First Facts documentaries debut on 10 Streaming

Six films, one unmissable collection. First Facts documentaries debut on 10 Stre...

28/05/2026

Emma Watkins brings all-new Emma's Dance Club to ABC Kids

Emma Watkins brings all-new Emma's Dance Club to ABC Kids 28 May 2026 Emmas Dance Club. Image credit: Sarah Wilson. The ABC, Screen Australia and Screen N...

28/05/2026

Cool Concentric Text for Cavalry

Cool Concentric Text for Cavalry Simon Ubsdell May 27, 2026 0 Comments In this tutorial I'll show you how to make this popular text effect that is...

28/05/2026

The Name's Gaming Cloud Gaming: 007 First Light' Launches on GeForce NOW

License to stream, shaken and stirred. GeForce NOW is dialing up the espionage with the launch of 007 First Light, letting members slip into James Bond's r...

28/05/2026

NVIDIA Research Advances Robotics From Simulation to the Real World

Robotics is entering a new phase: moving from controlled demos and scripted automation toward generalizable, reliable embodied autonomy in the real world. At ...

28/05/2026

May 21, 2026

Scripps Research's Skaggs Graduate School awards doctoral degrees to 34th graduating class May 21, 2026 Scripps Research's Skaggs Graduate School of ...

28/05/2026

May 27, 2026

Scripps Research chemist Jin-Quan Yu is named a Fellow of the Royal Society Yu is honored by the U.K.'s national academy of sciences for his work in synthet...

27/05/2026

Telestream Appoints Benjamin Desbois as CEO, Effective July 1

Telestream has announced that its Board of Directors has appointed Benjamin Desbois as Chief Executive Officer, effective July 1, 2026. Desbois, currently Teles...

27/05/2026

FOX MLB Leads Live-Event Categories; ESPN Is Tops Overall at 47th Annual Sports Emmy Awards

ESPN garnered 10 awards; NBC's Sunday Night Football received the Outstandin...

27/05/2026

Matrox Video Marks 50th Anniversary, Announces New Product Launch for June

Matrox Video is celebrating its 50th anniversary, marking five decades of operations from its headquarters in Montreal, Canada. Founded in 1976, the company has...

27/05/2026

MLB Announces Fan Engagement Initiatives for Americas 250th Anniversary

Major League Baseball has announced a series of initiatives tied to America's Semiquincentennial, including a national marketing campaign, Fourth of July br...

27/05/2026

Advanced Systems Group Hires Brian Gross as Account Manager for Audio Team

Advanced Systems Group (ASG) has announced that Brian Gross has joined the company as an Account Manager on its Audio team, based in the Burbank office. He will...

27/05/2026

Nielsen Research: Hispanic Fans, Asian Markets Drive Global Soccer Audience Ahead of World Cup 2026

Nielsen has released new research on soccer fandom ahead of the FIFA World Cup 2...

27/05/2026

ESL FACEIT Group Debuts First Ever Esports Vertical Stream Co-Developed With TikTok

ESL FACEIT Group (EFG) has unveiled a new partnership with TikTok to bring broad...

27/05/2026

Two Weeks Away: FIFA Outlines Production Plans for Highly Anticipated North American-Based World Cup

FIFA's Oscar Sanchez gives a deeper look to how this tournament will be cove...

27/05/2026

SVG Students To Watch: Maggie Lynn, Virginia Tech

The soon-to-be senior from Charlottesville is building her skills in replay, TD, and even creative content for HokieVision and its ACC Network productions In t...

27/05/2026

A Global Festival of Football: FOX Sports Illustrates Strategy to Bring Every FIFA Mens World Cup Match to the U.S. Audience

FOX Sports' Mike Davies breaks down the vision for this summer's showcas...

27/05/2026

Top-Tier Storytelling: Host Broadcast Services Works at Capturing the Atmosphere of the FIFA Mens World Cup

HBS's Paul King, FIFA's Oscar Sanchez preview how the masses at home wil...

27/05/2026

Matt Gangl & Pete Macheska on FOX MLBs Huge Night and an Unforgettable Postseason Run

FOX's MLB coverage dominated the night at the 47th Annual Sports Emmy Awards...

27/05/2026

FOXs Mike Davies and Team on Outstanding Technical Team Win for 2025 World Series

One of the most memorable Postseasons in baseball history would have had no memo...

27/05/2026

NBC Sports Rob Hyland Reflects on an Unforgettable Sunday Night Football Season

NBC's Sunday Night Football is among the most decorated and most watched programs in the history of television. It added to its jam-packed trophy case on Tu...

27/05/2026

Prime Videos John Ward and Mike Francis on Groundbreaking NBA on Prime Video Studio

The 2026 Sports Emmys marked a watershed moment for Prime Video Sports. After bu...

27/05/2026

Countdown to FIFA World Cup 2026: SVG Launches SportsTechLive Blog in Lead-up to Winter Games

With the Opening Match just over two weeks away, the entire sports-production-te...

27/05/2026

Spotify Brings Long-Form Magazine Articles to Audio

Spotify already brings together listeners' favorite music, podcasts, and audiobooks in one place. Now, we're trialing a new format that expands the cont...

27/05/2026

Podcast Clips Make Your Favorite Moments Easier to Save and Share

The best podcast moments deserve more than just a mental note. That's why today, we're making those moments easier to save and share with clips. Whethe...

27/05/2026

Spotify and Netflix Partner With Jay Shetty to Bring On Purpose' to Video Across Both Platforms

On Purpose is one of the most popular podcasts in the world, known for conversat...

27/05/2026

Olivia Rodrigo Brings Billions Club Live to Barcelona: Watch the Concert Film Now

On May 8, 1,500 of Olivia Rodrigo's top fans gathered in Barcelona's Tea...

27/05/2026

JZ Microphones announce the MU-1

Hybrid design combines large-diaphragm capsule & ribbon JZ Microphones have teamed up with Grammy-winning producer and engineer Marc Urselli to develop a ne...

27/05/2026

Tape Effects Collection from AIR Music Tech

Three new plug-ins inspired by classic tape effects AIR Music Tech's latest release delivers a set of plug-ins that aim to capture the character, moveme...

27/05/2026

The Crow Hill Company's Absurdly Quiet Piano goes Pro

Piano played on the edge of silence The Crow Hill Company's Vaults collection offers a continual rotation of instruments that are given away for free fo...

27/05/2026

Arturia release Memory V

Recreates Moog's iconic Memorymoog polysynth Arturia's vast software instrument range offers a combination of new and old, with innovative modern so...

27/05/2026

Accentize introduce free dxLevel plug-in

Offers loudness levelling for speech and dialogue Accentize have built up a solid reputation with their audio-restoration tools, and their latest plug-in is...

27/05/2026

10,000 units strong - The Rohde & Schwarz R&S M3SR Radio 4400

10,000 units strong - The Rohde & Schwarz R&S M3SR Radio 4400 Rohde & Schwarz celebrates a major manufacturing milestone, producing its 10,000th R&S M3SR Radi...

27/05/2026

L3Harris Introduces the XL Converge 300P Portable Public Safety Radio

The XL Converge 300P radio system emerges with a groundbreaking feature set enhancing the mission-critical communications of public safety, federal and critica...

27/05/2026

Modernizing Public Safety Communications

Pairing Two47 MCX software with existing LTE networks means tailored system upgrades that can save time, money and lives....

27/05/2026

L3Harris Strengthens Global Solid Rocket Motor Supply Chain With New PAC-3 Propulsion Supplier

PAC-3 MSE offers improved range, speed, and maneuverability, making it an effect...

27/05/2026

Brightcove Adds New Features to Its AI Suite for Video Advertising

Share Copy link Facebook X Linkedin Bluesky Email...

27/05/2026

Star Trek VFX: Recreating John Knoll's Iconic Warp Stars without a Slitscan Camera

Star Trek VFX: Recreating John Knoll's Iconic Warp Stars without a Slitscan ...