ChyronHego plans to buy sport tracking company

ChyronHego (NASDAQ: CHYR) said it has signed a contract to acquire the majority stake in ZXY Sport Tracking AS, a Norwegian-based provider of industry-leading sports tracking solutions.

Upon completion of the acquisition, ChyronHego will expand its award-winning TRACAB player tracking product portfolio with ZXY´s cutting-edge transponder technology.

“ZXY Sport Tracking offers powerful sports analysis technology that will further strengthen our products in this space,” said Johan Apel, CEO at ChyronHego. “In addition to enhancing our TRACAB product portfolio, ZXY´s technology will extend our sports analysis offerings across both the sports broadcast and professional sports markets.”

ZXY Sport Tracking AS captures real-time positional and physiological measures of players in both the training and game environment. For more information, visit www.zxy.no.

ChyronHego is a leader in broadcast graphics creation, playout and real-time data visualization with a wide range of products and services for live television, news and sports production. For more information on ChyronHego, visit www.chyronhego.com.

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