Francisco Partners, IGP to Acquire Live Broadcasting Startup LiveU for $200 Million
LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly to the broadcaster's server over cellular networks
Meir Orbach | 18:00 28.05.2019
San Francisco-based private equity firm Francisco Partners Management LLC and Tel Aviv-based Israel Growth Partners (IGP) Ltd. have agreed to acquire Israel-based live broadcasting company LiveU Ltd. for approximately $200 million, the companies announced Tuesday. Francisco Partners and IGP are acquiring all of the company’s assets along with its co-founders and management team.