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Madrid, 29 July 2002 - Visual Century Research
S.L. and Software AG today announced that
Software AG has acquired a 25% share of
Visual Century Research S.L., consolidating
the partnership agreement signed by both
companies in April.
ViA2 Platform, a complete solution developed
entirely by Visual Century to capture digital
or analog video, analyze it, annotate it,
and publish it on the internet or any other
means, uses Software AG's Tamino XML Server
to store the metadata extracted from video
and audio files. Along with the technological
collaboration, a strong partnership between
both companies has developed, eventually
leading to the acquisition by Software AG
of a share of Visual Century.
The purchase is part of the diversification
strategy of Software AG, which now opens
a new lline of business targeting the media
broadcasting and publishing sector with
content management solutions based on XML
technology. Financial terms of this transaction
were not released.
About Visual Century Research
Visual Century Research (VCR) is a technology
company created in 2001 by a group of entrepreneurs
with audiovisual and multimedia research
backgrounds. The first product developed
by VCR was the automatic video cataloguer
VideoIngest, which was chosen by Televisió
de Catalunya to be integrated within its
digitalization project. Using the VideoIngest
technology, VCR has developed a number of
advanced products which stand out thanks
to their innovative vision of the audiovisual
content. Amongst these products there is
ViA2 Platform, a modular, high performance
solution based in XML to capture digital
or analog video, analyze and annotate it,
and publish it on the internet.
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