RT @walterbiscardi: San Francisco firm to buy Grass Valley Group | TheUnion.com – http://tinyurl.com/26fw9zw
Interesting move to buy Grass Valley out from French-owned Technicolor (Thompson). I didn’t realize there were so many parts to Grass Valley.
The binding offer from Francisco Partners is for 100 percent ownership of the current Grass Valley Broadcast & Professional business, which would operate as “Grass Valley” going forward. This includes the camera, content repurposing, editing, master control, modular, news production, production automation, routing, servers, storage, and switching product lines including their entire product portfolios, the R&D centers and factories around the world, the Sales & Systems activities and Customer Support organization worldwide, as well as the management and administrative support functions dedicated to the business. This business perimeter and associated product lines for which the offer was made by Francisco Partners represent the core of what the market historically knows as Grass Valley products.