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| Francisco Partners completes takeover of Grass Valley |
| Posted: February 2011 | ||||||
 Grass Valley has announced that Francisco Partners,
a leading technology-focused investment company, has completed the closing process with Technicolor and finalised the acquisition of the Grass Valley Broadcast & Professional business. As of last month, Grass Valley began doing business as an independent company, under the trade name “Grass Valley”. Terms of the sale include 100% ownership of the current Grass Valley Broadcast & Professional business. This 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. To help customers and technology partners to understand the specifics of the acquisition, Grass Valley has established a special website (www.grassvalley.com/greenergrass) with the latest, most accurate and complete information. The site will allow customers and partners to view or download a number of pertinent public documents, including all published press releases, FAQs, an open letter from Grass Valley management, and background information on Francisco Partners. There is also a special e-mail address for questions or comments at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Add this page to your favorite Social Bookmarking websites       
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