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02/05/2012

NEP Acquires Bow Tie Television Limited

NEP has announced its acquisition of UK based Bow Tie TV Limited.
This deal comes after a long-standing relationship between the companies, and widens NEP’s UK services into Contract Management and Digital Media for Government and Principal Authorities.
"This acquisition was a natural expansion of our UK business strands," said Steve Jenkins, Managing Director, NEP UK. "It creates an exciting blend of specialist broadcast media services with the scale, resourcing and management of NEP. Bow Tie has an excellent pedigree in a unique sector of our market."
Previous shareholder Duncan Smith is appointed Managing Director of Bow Tie and will join the senior UK team.
Smith commented: "It’s great news for all the staff and clients of Bow Tie - it’s fantastic to be part of a group who will support us as we grow the division."
All Bow Tie staff bring with them a vast amount of experience and will continue to support and service the Bow Tie customers. Bow Tie specialises in media archive, web-streaming,managed contracts, video on demand, software development and broadcast infochannels. These new services enable NEP to offer clients a wider variety ofways to ingest, manage and distribute content. The addition of Bow Tie is complementary to the existing exceptional brands of NEP including Supershooters, Sweetwater, NEP Visions and Roll to Record.
www.nepinc.com.
(GK)
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