Grass Valley Group to acquire Vibrint Technologies; Digital media leader gains PC-based products for hard-news editing as newsrooms worldwide begin transition to digital; NBC affiliate WHDH Airing with Grass Valley Group, Vibrint Solutions.

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M2 PRESSWIRE-28 March 2000-GRASS VALLEY GROUP: Grass Valley Group to acquire Vibrint Technologies; Digital media leader gains PC-based products for hard-news editing as newsrooms worldwide begin transition to digital; NBC affiliate WHDH Airing with Grass Valley Group, Vibrint Solutions (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:28032000 NEVADA CITY, Calif.

-- In a move that will improve productivity and break down price barriers for video-based news organizations, the Grass Valley Group, a worldwide digital video leader, today announced its intention to acquire the Bedford, Mass.-based Vibrint Technologies, a pioneering developer of innovative solutions for digital news production. Financial terms of the transaction were not disclosed. The acquisition...