CHY meaning in Business ?

The Chyron Corporation, formerly ChyronHego Corporation, headquartered in Melville, New York, is a company that specializes in broadcast graphics creation, playout, and real-time data visualization for live television, news, weather, and sports production. Chyron's graphics offerings include hosted services for graphics creation and order management, on-air graphics systems, channel branding, weather graphics, graphics asset management, clip servers, social media and second screen applications, touchscreen graphics, telestration, virtual graphics, and player tracking.

The company was founded in 1966 as Systems Resources Corporation. In its early days it was renamed "Chiron", named after the centaur Chiron in Greek mythology. In the 1970s the company played a pioneering role developing broadcast titling and graphics systems. Use of Chyron's 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.

Chyron as a corporation by the early 1980s had captured a 70 percent market share in its field. In 1982, Chyron was the most profitable company on Long Island, and in 1983 the company 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.