NEW YORK -- Following the announcement of the acquisition of SportsTicker by PA Sport Ltd, the company has secured another major takeover deal. PA Sport Ltd has agreed to acquire sports media technology company iKnowledge Ltd in a deal that will see the extensive PA Sport portfolio expanded to include data-driven graphical solutions for broadcasters and Internet sites.
Since its inception six years ago, iKnowledge's automated graphics systems have become recognized as the next step forward in technologies to attract and engage TV and web audiences. The iKnowledge portfolio will have particular resonance in the United States as PA SportsTicker looks to add to its product offering across the broadcast and Internet markets.
The acquisition of iKnowledge will allow PA Sport to provide a full service of end-to-end data and graphics solutions for broadcast platforms, whether TV or PC based, and a wide range of sports-based websites. By combining research and development resources, PA Sport will be able to deliver faster and more flexible data services to broadcast and web customers.
Chris Buckley, Chief Executive Officer, PA Sport said "We are delighted to announce the acquisition of iKnowledge. The company is a perfect fit for the global ambitions of our sport information business. iKnowledge is already a byword for innovation in the UK broadcasting sector. With the resources of PA Sport behind it we can now take their cutting edge solutions into new territories and the new markets to serve the growing digital audience".
Jim Morganthaler, Head of Sport, PA SportsTicker said "This acquisition once again demonstrates PA Sport's commitment to assembling best-of-breed services and offering them to a global audience. We look forward to leveraging iKnowledge's applications and services to better serve our clients."
Nick Bryan and Kevan Moretti, Founders, iKnowledge commented "It's a great combination; PA Sport has a global reach and scale to accelerate both the domestic and international expansion of the iKnowledge business. It's been an undeniably attractive match for both companies and our customers. We believe we have a partner in PA Sport that is committed in sharing our ambition to develop new products and to promote the adoption of our services into new markets"
Note to Editors:
About PA Sport
PA Sport supplies data, editorial and pictures from over 40 major sports in over 200 countries worldwide. PA Sport is the world's leading sports news and information provider and is part of the PA Group of information companies. At the heart of the PA Group is the Press Association, the national news agency for the UK and Ireland, which was founded in 1868.
Using its network of more than 1500 reporters based across the world and its 250 staff at its UK headquarters, PA Sport gathers, processes and delivers high quality, comprehensive sports editorial, data, sound and pictures on more than 40 major sports around the world, much of it in real time.
This information is delivered to a wide range of global customers across all media platforms and in different languages. Customers include newspapers, magazines, TV and radio stations, websites, telecommunications companies and the betting industry.
With its reputation for speed, accuracy and integrity PA Sport is also the partner of choice for many sport federations and governing bodies, including the English Premier League.
PA Sport is based in the UK and has offices in the United States, Hong Kong, South Africa, Singapore, Thailand and China, with representatives in Japan, New Zealand and Australia.
For more information visit: www.pa-sport.com
About iKnowledge
iKnowledge Ltd was founded in 2000 by Nick Bryan and Kevan Moretti. The company delivers data-driven TV graphics systems, sports analytics, games and media content for broadcasters, bookmakers, venues, governing authorities and publishers.
iKnowledge's customer list features many at the forefront of content and systems innovation and includes Attheraces, SIS (Satellite Information Services), Pokerzone TV, BBC Sport, Channel 854, Ladbrokes, William Hills, Coral-Eurobet, the Irish Greyhound Board, the British Greyhound Racing Board.
For more information visit: http://www.iknowledge.co.uk/
About PA SportsTicker
PA SportsTicker is America's leading real-time sports news information service provider, covering all major professional, collegiate and minor league sports.
Formed from the acquisition of SportsTicker by PA Sport, the world's leading sports news and information provider, it is the natural successor to Western Union's original Baseball Ticker, established in 1909. Today PA SportsTicker's sports news heritage is honored in a permanent exhibit at Baseball's Hall of Fame in Cooperstown, NY.
For more information visit www.pa-sportsticker.com
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