Announced
Financials
Sources
Tags
Pending
Acquisition
Digital Services
IP video solutions
United States
Majority
Private Equity
Single Bidder
Domestic
Private
Friendly
Synopsis
The Carlyle Group agreed to acquire LiveU, a provider of live video streaming and remote production solutions, from Francisco Partners, a global investment firm. Financial terms were not disclosed. "We’re excited to partner with Carlyle as we look to expand LiveU’s global footprint and service offering. This is a significant milestone for LiveU and represents a strong vote of confidence in our business. Carlyle brings deep industry expertise with their track record in the media and technology space alongside a global network. We greatly thank Francisco Partners and IGP Capital for their support and partnership over the last few years," Samuel Wasserman, LiveU CEO and Co-Founder.
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