HEBDEN BRIDGE, U.K. and LONDON—Calrec Audio announced its acquisition by Electra Partners, a private equity firm based in London, for £14 million (US$23.1 million) through a mixture of equity and debt. Calrec will become a sister company to Allen & Heath, which Electra acquired in June last year.
Calrec Audio is pleased to announce its acquisition by Electra Partners.
The BBC relied on Calrec Audio’s digital audio consoles during its coverage of the FIFA World Cup beginning in June.
Sinclair Broadcast Group announced that it has entered into a definitive agreement to purchase the stock of Tennis Channel for $350 million.
Avid announced that it signed a definitive agreement to acquire Orad Hi-Tec Systems Ltd., a Frankfurt stock exchange-listed public company with its headquarters in Kfar Saba, Israel, for €5.67 ($US6.00) per share in an all-cash transaction valued at US$60 million.
Nexstar has entered into a definitive agreement to acquire the assets of KLAS-TV, the CBS affiliate serving the Las Vegas, Nevada market for $145 million plus working capital from Landmark Media Enterprises.
D&M Holdings Inc. has announced the completion of the acquisition of Calrec Audio Ltd., a designer and manufacturer of premium audio products and live-to-air consoles for the broadcast market.
NeuLion, provider of live and on-demand content to Internet-connected devices, has signed a definitive agreement to acquire DivX LLC, a provider of next-generation digital video solutions.
Calrec Audio announced that it is rebranding its Callisto audio console with a new name: Summa.