Platinum Equity to acquire Anuvu.

Platinum Equity, a private equity firm, agreed to acquire Anuvu, a provider of global entertainment and high-speed connectivity solutions for airlines. Financial terms were not disclosed. "Anuvu is a leader in delivering exceptional entertainment experiences to global aviation customers and has developed highly innovative and technologically advanced satellite connectivity and content delivery platforms. As passenger traffic continues to grow, we are encouraged to see carriers making substantial new investments in both connectivity and entertainment, improving passenger and guest experiences. We look forward to working with Anuvu's leadership team to capitalize on these tailwinds and other opportunities to grow the business," Jacob Kotzubei, Platinum Equity Co-President.