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Chyron Corporation
The Chyron Corporation is an American broadcast graphics and real-time data visualization company headquartered in Melville, New York. Founded in 1966 as Systems Resources Corporation, the firm changed its name to Chyron Corporation in the mid-1970s. It designs software and hardware used in television production, including character generators, virtual graphics, and on-air branding systems. In 2013, Chyron merged with Sweden-based Hego AB, forming ChyronHego, before returning to its original name in 2021.
The company was founded in 1966 as Systems Resources Corporation. In its early days it was renamed "Chiron" after the centaur Chiron in Greek mythology. In the 1970s it pioneered the development of broadcast titling and graphics systems. Use of its graphics generators by the major New York City–based US television networks ABC, NBC, and eventually CBS, integrated text and graphics into news and sports coverage on broadcast television and later on cable TV.
By the 1980s, Chyron had captured a 70 percent market share in its field. It was the most profitable company on Long Island. In 1983 it achieved a market capitalization of $112 million, high at the time for a small high-tech firm before the age of dot-com and the Internet.
Chyron's graphics generator technology was originated by Systems Resources Corporation, founded in 1966 by Francis Mechner and engineer Eugene Leonard as equal partners and sole directors and shareholders. Mechner had just sold his educational technology company Basic Systems, Inc. to Xerox Corporation; and Leonard had sold Digitronics Corporation, of which he was president. Mechner and Leonard previously worked together in the late 1950s at Schering Corporation, creating a computerized data collection and analysis system for its behavioral psychopharmacology laboratory.
Mechner provided the capital for Systems Resources Corporation's first five years of operation and Leonard provided his engineering expertise. Between 1966 and 1972, the company developed several innovative digital technology-based products, including a digital graphics generator for displaying letters on a television screen, which it called "Chiron" after the centaur Chiron in Greek mythology. The device controlled the edging of the displayed characters in a manner that took background variables into account.
In 1972, the company hired Joseph L. Scheuer as its vice president of operations (he was an engineer at Leonard's Digitronics). From 1971 to 1978, Eugene Leonard was the company's president, and also directed engineering. The Chiron I, Chiron II and Chiron III character generator families were developed during this time, with conceptual design entirely by Leonard.
In 1975, Systems Resources Corporation merged with Computer Exchange, a used-computer brokerage owned by engineer Leon Weissman, who had also worked for Leonard at Digitronics (Director of Engineering, 1962–1964). Weissman's company had cash, but its business was in a slump. The merger provided SRC with funding beyond Mechner's contributions. The merged company, Chiron, was located in Plainview, New York, only a few miles from its present Melville location.
Leon Weissman placed emphasis on sales and field service, starting the company on a decade of increasingly profitable operations. Differences emerged between Leonard and Weissman with the former wanting to use more of the profits earned for engineering development of even more sophisticated products. Weissman was more cautious about the early introduction of new products, wanting to accumulate working capital and eventually make some distributions to shareholders. These differences led to the departure of Eugene Leonard from the company in 1978. Joseph Scheuer became president and Leon Weissman became chairman and CEO.
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Chyron Corporation
The Chyron Corporation is an American broadcast graphics and real-time data visualization company headquartered in Melville, New York. Founded in 1966 as Systems Resources Corporation, the firm changed its name to Chyron Corporation in the mid-1970s. It designs software and hardware used in television production, including character generators, virtual graphics, and on-air branding systems. In 2013, Chyron merged with Sweden-based Hego AB, forming ChyronHego, before returning to its original name in 2021.
The company was founded in 1966 as Systems Resources Corporation. In its early days it was renamed "Chiron" after the centaur Chiron in Greek mythology. In the 1970s it pioneered the development of broadcast titling and graphics systems. Use of its graphics generators by the major New York City–based US television networks ABC, NBC, and eventually CBS, integrated text and graphics into news and sports coverage on broadcast television and later on cable TV.
By the 1980s, Chyron had captured a 70 percent market share in its field. It was the most profitable company on Long Island. In 1983 it achieved a market capitalization of $112 million, high at the time for a small high-tech firm before the age of dot-com and the Internet.
Chyron's graphics generator technology was originated by Systems Resources Corporation, founded in 1966 by Francis Mechner and engineer Eugene Leonard as equal partners and sole directors and shareholders. Mechner had just sold his educational technology company Basic Systems, Inc. to Xerox Corporation; and Leonard had sold Digitronics Corporation, of which he was president. Mechner and Leonard previously worked together in the late 1950s at Schering Corporation, creating a computerized data collection and analysis system for its behavioral psychopharmacology laboratory.
Mechner provided the capital for Systems Resources Corporation's first five years of operation and Leonard provided his engineering expertise. Between 1966 and 1972, the company developed several innovative digital technology-based products, including a digital graphics generator for displaying letters on a television screen, which it called "Chiron" after the centaur Chiron in Greek mythology. The device controlled the edging of the displayed characters in a manner that took background variables into account.
In 1972, the company hired Joseph L. Scheuer as its vice president of operations (he was an engineer at Leonard's Digitronics). From 1971 to 1978, Eugene Leonard was the company's president, and also directed engineering. The Chiron I, Chiron II and Chiron III character generator families were developed during this time, with conceptual design entirely by Leonard.
In 1975, Systems Resources Corporation merged with Computer Exchange, a used-computer brokerage owned by engineer Leon Weissman, who had also worked for Leonard at Digitronics (Director of Engineering, 1962–1964). Weissman's company had cash, but its business was in a slump. The merger provided SRC with funding beyond Mechner's contributions. The merged company, Chiron, was located in Plainview, New York, only a few miles from its present Melville location.
Leon Weissman placed emphasis on sales and field service, starting the company on a decade of increasingly profitable operations. Differences emerged between Leonard and Weissman with the former wanting to use more of the profits earned for engineering development of even more sophisticated products. Weissman was more cautious about the early introduction of new products, wanting to accumulate working capital and eventually make some distributions to shareholders. These differences led to the departure of Eugene Leonard from the company in 1978. Joseph Scheuer became president and Leon Weissman became chairman and CEO.