Broadcast News

Bookmark and Share
20/07/2021

Carlyle Agrees Deal To Acquire LiveU

News Image
Global investment firm Carlyle has acquired LiveU in an effort to support the company's growth ambitions.

The specialist in live video streaming and remote production solutions has changed hands from Francisco Partners, subject to regulatory approvals.

Founded in 2006, LiveU is the pioneer of a bonded cellular technology-based live video transmission platform, offered to major live broadcast news networks and sports content owners globally. LiveU's technology enables customers to apply innovation and automation to the entire production workflow. LiveU provides an end-to-end solution combining mission-critical acquisition, cloud production and IP distribution to broadcasters, sports organisations and production companies where reliability, quality, availability and low latency are key.

With over 3,000 customers in 130+ countries, LiveU's technology enables broadcasters to guarantee live video uplink quality, helping top-tier global broadcasters as well as major sporting content owners to meet the strong demand from viewers for live and fan-based content. LiveU is currently gearing up for the Tokyo Summer Games with thousands of hours of live video content expected to be transmitted live from the games.

Carlyle will use its deep experience in the media tech sector to support LiveU's growth ambitions, represented by existing investments in Disguise and NEP alongside prior investments including The Foundry, Vubiquity, BTI Studios and The Mill. Carlyle will seek to further consolidate LiveU's market position through M&A activity and organic growth while capitalising on the rapidly growing demand for high-quality live video transmission. This trend is expected to accelerate with the rollout of 5G, and as media production in the cloud progresses, increasing the requirements for flexible and remote operations. Carlyle will leverage its extensive global network to further expand LiveU's customer base and help to develop relationships with some of the world's leading content providers. Equity for the investment will be provided by Carlyle Europe Technology Partners (CETP) IV, a fund that invests in middle market technology-focused opportunities in Europe and the US.

Samuel Wasserman, CEO and Co-Founder of LiveU, said: "We're excited to partner with Carlyle as we look to expand LiveU's global footprint and service offering. This is a significant milestone for LiveU and represents a strong vote of confidence in our business. Carlyle brings deep industry expertise with their track record in the media and technology space alongside a global network. We greatly thank Francisco Partners and IGP Capital for their support and partnership over the last few years."

Michael Wand, Managing Director and Co-Head of the CETP advisory team, added: "Carlyle has a history of investing in fast-growing and highly innovative, disruptive media technology companies and is truly excited to partner with LiveU which is at the forefront of a rapidly growing market. Our partnership with the LiveU team will allow us to support their growth, driven by a mixture of expanding into new verticals, targeted M&A activity and through further developing their relationships with key media broadcasters, particularly in live sports where we are witnessing an exploding demand for live content. We believe that the ongoing shift towards high quality real-time video content, the cost advantages of bonded cellular versus alternative transmission technologies, and the opportunity to bring live broadcast to hitherto neglected areas such as semi-pro or non-professional sports, provides an enormous growth potential for LiveU."

www.liveu.tv
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

15/05/2017
Telestream Announces Latest Version Of Lightspeed Live Stream
Telestream has announced the latest version of Lightspeed Live Stream, its enterprise-class live multiscreen encoding, packaging and distribution syst
12/05/2016
LiveU Solo Helps Huffington Post Live Stream HD Content
LiveU has created a new 'plug and play' live streaming bonding solution that connects automatically to Facebook, enabling broadcasters and content cre
27/04/2016
LiveU BroadcastAsia2016 Preview
Ahead of BroadcastAsia2016 LiveU has announced a number of previews, including its full range of live video acquisition, management and distribution s
09/09/2013
LiveU Introduce Pro-Grade Lightweight LU500 Solution
LiveU, the leader in portable live video-over-cellular solutions, today introduced its LU500 professional-grade uplink solution in a small lightweight
08/04/2015
LiveU Unveils MultiPoint IP Video Distribution Service
LiveU has unveiled its second-generation internal and cross-organisational IP video distribution service, LiveU MultiPoint. The cloud-based MultiPoint
03/05/2018
Asian News International To Upgrade Its Entire LiveU Fleet
Asian News International (ANI) is set to upgrade its entire LiveU news-gathering fleet with LiveU's LU600 HEVC units. The project has been overseen by
04/02/2016
NAB Debut For LiveU Product
LiveU has revealed it will feature an exclusive live studio at this year's NAB show, in collaboration with TWiT.tv, NewTek and Panasonic. The studio o
13/06/2012
LiveU Opens Up Live Video Usage For Local Channel TV Berlin
LiveU, the pioneer of portable video-over-cellular solutions, has announced that TV Berlin, the German city’s local channel, has vastly increased use
17/05/2017
Alias Hire Invests In The Live U LU-400
Alias Hire had been investigating the various products of mobile SIM based products for a few years prior to when we purchased our Live U (LU-400) dev
20/02/2014
Managing Multiple Cellular Uplinking Units
The rate of adoption of cellular uplinking technologies has been quite remarkable, says Ronen Artman, VP of Marketing, LiveU. It seems just yesterday
21/05/2013
Norway's Leading Newspaper VG Deploys LiveU Technology
LiveU, the leader in portable live video-over-cellular solutions, has announced that VG, Norway’s leading newspaper, news website and now online video
31/05/2016
Thanthi TV Expands Deployment Of LiveU Technology
LiveU has announced that Thanthi TV, a 24-hour Tamil news television channel based in Chennai, India, is to increase its LiveU deployment to support i
09/09/2015
LiveU Announces Launch Of 'Solo'
LiveU has announced the launch of its new 'Plug and Play' Solo live streaming bonding solution. The solution will see the company bring its broadcasti
16/05/2014
LiveU Deploys 200 Units For FIFA World Cup
LiveU has revealed that more than 200 units are to be deployed in the 12 host cities across Brazil by media companies from over 30 countries, during t
16/12/2015
Danish Broadcaster Turns To LiveU
LiveU has said its technology is being utilised by Danish broadcaster TV East to enhance its newsgathering operations. The deal, which was overseen by