SintecMedia acquires Argo
SintecMedia, the broadcast management software provider, has confirmed the acquisition of Argo Systems, a provider of business solutions to the cable network and operators industry. The deal brings together SintecMedia’s OnAir scalable, all-in-one broadcast management solution for media companies and its line of related products with Argo Systems’ management solutions exclusively designed for Pay TV channels and multichannel video distributors. This is SintecMedia’s second acquisition in the North American market, complementing its recent purchase of StorerTV.
“SintecMedia’s acquisition of Argo Systems will further augment our local activities in the North American cable television and MSO markets,” stated SintecMedia CEO Amotz Yarden. “Its team and suite of products have gained the respect of every television executive in the industry. Argo Systems will increase SintecMedia’s footprint and capabilities, boost our US presence in terms of local support including software engineers, technicians as well as other professionals and delivery resources that will enable us to supply a greater array of broadcast and digital media solutions.”