The investment fund Francisco Partners takes control of LiveU

Esta operación permitirá a LiveU centrarse en una estrategia a largo plazo y avanzar en sus objetivos de negocio. Con más de 3.000 clientes, su tecnología está presente en numerosos broadcasters.

Francisco Partners, un fondo de inversión enfocado en tecnología, junto con el co-inversor IGP Capital, han adquirido LiveU con el objetivo de acelerar aún más la expansión global de la compañía.

LiveU develops high-quality live video solutions for television, mobile, online and social media with its innovative wearable devices and cloud services. With more than 3,000 clients in more than 130 countries, its technology is present in the main broadcasters, sports organizations, news agencies, online media and social media.

Samuel Wasserman, CEO y co-fundador de LiveU, se ha mostrado encantado de “tener a Francisco Partners, una firma con un historial establecido, como nuestro nuevo propietario mayoritario. Esto nos permitirá centrarnos en nuestra estrategia a largo plazo y en nuestros objetivos de crecimiento, beneficiando a nuestros clientes, socios y empleados. Me gustaría aprovechar esta oportunidad para agradecer a nuestros anteriores accionistas, Canaan Partners, Viola Ventures, Pitango Venture Capital y Lightspeed Venture Partners por su valioso apoyo a lo largo del camino y su contribución a nuestro éxito”.

“We have made great progress in delivering on our promise to establish LiveU as the clear market leader in providing live video streaming solutions for TV, digital and social media.” “This would not have been possible without the tireless efforts of our incredible employees in developing and driving superior technology solutions that contribute to LiveU's current position in the market,” Wasserman added.

For its part, Eran Gorev, Senior Operating Partner at Francisco Partners looks forward to collaborating “with IGP Capital and the LiveU management team to further enhance the company's solutions, grow its client base and advance its strategic objectives.”

Mario Razzini, director of Francisco Partners, highlights that “the media and broadcast industries are in a period of rapid change and LiveU is uniquely positioned to help clients capitalize on this opportunity thanks to its strong market position and unmatched product innovation and performance.”

Esta no es la primera operación de Francisco Partners en la industria broadcast ya que en 2011 adquirió Grass Valley vendiéndola años después del grupo Belden.