Announced
Synopsis
Abris Capital, an independent private equity fund, agreed to acquire a majority stake in Orbitvu, a manufacturer of automated photography devices. Financial terms were not disclosed. ”As online sales continue to grow globally and more companies transition to e-commerce channels, more effective tools are needed to automate the production of visual content. Orbitvu’s products perfectly meet the needs of this new reality and we believe that together with the highly experienced founders and team, we will successfully implement our strategy of introducing further innovative technological solutions into the product photography market," Sylwester Urbanek, Abris Capital Investment Director.
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