Grass Valley acquisition complete


Francisco Partners have completed their acquisition of Grass Valley Broadcast & Professional (active in Africa) from Technicolor.

As of January 1st 2011, the California-based firm started operating as an independent company under the trade name Grass Valley, with terms of the sale including 100 percent ownership of the current Grass Valley Broadcast & Professional business. 

The deal includes the camera, content repurposing, editing, master control, modular, news production, production automation, production switchers, routing, and video servers product lines, including their entire product portfolios, the R&D centres and factories around the world, the Sales & Systems activities and Customer Support organisation worldwide, as well as the management and administrative support functions dedicated to the business.