Grass Valley acquires PubliTronic
Oct 12, 2011 2:16 PM
Grass Valley announced that it has acquired PubliTronic, a privately-held, global provider of multichannel, integrated, automated playout solutions. Terms of the acquisition were not disclosed.
PubliTronic, based in Apeldoorn, the Netherlands, began operations in 1997 by developing some of the earliest integrated playout solutions with a primary focus on the European market. Its systems have grown in sophistication, enabling the company to span from small disaster recovery solutions to addressing the needs of large multichannel service providers. Its installed base of more than 800 on-air channels includes some of the largest service providers and broadcasters in Europe and around the world.
Integrated playout is one of the fastest growing segments in broadcasting, expected to increase significantly over the next three years. With the economics of launching new channels changing dramatically, innovative approaches are needed to support this growing segment. Multichannel service providers in the cable, satellite and telco sectors, as well as broadcasters adding secondary digital channels, can benefit from a multichannel, integrated, automated playout approach.
Grass Valley, together with its investors at Francisco Partners, see a large opportunity in this emerging segment, having targeted this area as part of the expansion strategy that it adopted after the company was acquired earlier this year by Francisco Partners. The expertise, experience and support of Francisco Partners provides Grass Valley with the agility to make strategic acquisitions and investments when appropriate.
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