By Glen Dickson
Pro-Bel, Snell & Wilcox merger further shrinks broadcast market
The merger of router, infrastructure and automation supplier Pro-Bel with video processing specialist Snell & Wilcox earlier this month continued the consolidation trend that broadcast equipment vendors have been riding for much of the past decade. While a new venture capital-backed Web video software startup seems to surface almost daily, the number of discrete manufacturers of specialized professional video hardware and software for television stations and networks keeps shrinking.
The Snell/Pro-Bel deal, orchestrated by British private equity firms Advent Venture Partners and LDC, is worth 72 million British pounds, or roughly $99 million. The deal follows Miranda Technologies' $40 million …
No comments:
Post a Comment