Wednesday, March 26, 2014

Counterpoint Falls To Vistex

There are only two kind of companies. Those with access to capital and those without.

In the media industry this is critical: it's a very small and very polemic industry. So, it was fascinating to see that one of our major competitors, Counterpoint Systems, a company specialising in royalty payments that has moved into the rights industry, being bought out.

They were acquired this week by Vistex, a very generalised software company that also bought Hawkeye, the sports analysis system.

They clearly have an eye on the media market, but their core is process management, which is a very interesting proposition for the media industry.

Vistex obviously has deep pockets and aims to become a player in the media technology marketplace.