ChyronHego To Buy WeatherOne

(RTTNews) - ChyronHego Corp. (CHYR) said Monday that it has agreed to buy Oslo, Norway-based WeatherOne AS, a privately held provider of weather forecast solutions for broadcast and digital media.

Under the deal, ChyronHego will acquire WeatherOne and its world-renowned Metacast technology -- a comprehensive solution that includes a high-performance, live-to-air weather graphics and broadcast production system, and a complete weather and climate data managing service.

Separately, ChyronHego 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's proprietary technology for transponder-based tracking detects the exact position of all objects within a stadium or training facility in true real-time. Players wear a data chip that transmits positions and other essential data such as heart rates, speeds and the impact from collisions. The system has been used in soccer, American football and ice hockey, and is now being adapted for many other indoor and outdoor sports.