Verbit, Vitac’s Parent Company, Acquires U.S. Captioning
Verbit has acquired U.S. Captioning to further its media vertical expansion efforts. U.S. Captioning is a US-based provider of closed captioning services for national TV stations, networks, producers and programmers.
“The addition of U.S. Captioning and its national TV station customers into the Verbit fold advances us as the essential partner to deliver on every captioning and transcription need of the media and entertainment industry,” says Tom Livne, CEO and Founder of Verbit. “I’m excited to continue consolidating the fragmented transcription market through this latest global expansion effort.”
Established in 1999, U.S. Captioning offers post-production captioning in over 45 languages in addition to its real-time captioning capabilities. It has developed long-lasting relationships with networks and stations that have become household names, such as Sinclair Broadcast Group. These media brands and companies will join Verbit’s robust list of iconic media and cross-industry customers.
“We’re thrilled to join forces with Verbit and add our loyal customers, professional experience and capabilities to its broad portfolio of captioning and transcription offerings,” says Beth Aschenbrenner, President and CEO, U.S. Captioning. “We’ll also now have access to the Verbit Company’s highly accurate technologies and capabilities, which our customers will greatly benefit from as well.”
This announcement follows Verbit’s recent acquisitions of VITAC, Automatic Sync Technologies (AST) and Take Note, all of which have improved the company’s ability to serve and deliver customized solutions across the media, education, government and market research verticals. Verbit continues to seek out ways to accelerate its growth by expanding into new verticals, geographies and functionalities.