In an effort to drive forward its mission to make all video and audio content accessible to everyone through its high-quality captioning and transcription capabilities, Verbit’s leadership team has exciting news to share.
Today, Verbit announced the acquisition of VITAC, the largest provider of captioning products and solutions in North America. The acquisition will position Verbit as the No. 1 player in the world in the professional transcription and captioning market across legal, media, education, government and corporate sectors.
VITAC has 35 years of captioning expertise, working with nearly every broadcast company, the majority of cable networks, program producers, corporations, educational institutions and government agencies. Together with VITAC, Verbit can now offer a deeper portfolio of solutions.
“We are thrilled to further strengthen our position as the market leader in the transcription and captioning industries in partnership with VITAC,” said Tom Livne, CEO and Founder of Verbit. “This opportunity allows us to expand our offerings for the media vertical and provide advanced transcription capabilities to our current education, legal, and corporate customers.”
Verbit now has the largest professional transcription and captioning workforce in the industry.
“The combined company will harness decades of transcription and captioning expertise to offer customers a best-in-class solution based on our proven technology,” Livne continued. “We will continue to invest in our platforms, top talent, and domain expertise to evolve and develop our solutions to meet our customers’ dynamic needs.”
Verbit’s now even more comprehensive transcription and captioning platform will offer customers industry experts, AI-based tools, established integrations with video cloud platforms, and support for translation of transcription into any language. The combined company will also expand on its acclaimed client service by providing dedicated client success teams.
“We’re delighted to join the Verbit family and bolster their leading position in the transcription industry globally,” said Chris Crowell, CEO of VITAC. “We’ve been incredibly impressed with Verbit’s rapid growth and technology advantages, and together we look forward to serving more of this dynamic industry with customers across all vertical segments.”
More information on VITAC
VITAC is the largest provider of captioning products and services in the United States. The company’s commitment to communication accessibility is evidenced by its talented captioners, technical expertise, and exceptional client service. Responsible for captioning hundreds of thousands of programming hours each year, its customers include every broadcast company and most cable networks, as well as FORTUNE 1000 Corporations, educational institutions, and government agencies.
VITAC’s service offerings enable customers to meet requirements as mandated by the Federal Communications Committee (FCC), the Americans with Disabilities Act (ADA), and Section 508 of the Rehabilitation Act. The company is headquartered in Greenwood Village, Colorado.