LiveU

As of March 3, 2017, the company LiveU operates in the field of providing live video services based on IP (IPTV), delivering professional solutions for the acquisition, management and distribution of video.

History

2021: Carlyle bought LiveU for $400 million

At the end of July 2021, it became known that the investment company Carlyle acquired for $400 million the company LiveU, whose satellite/mobile equipment and software for live video broadcasts is used by more than 3,000 large media organizations.

LiveU is based in Israel, and the local press reported that the deal is at the final stage. A LiveU spokesman declined to comment on the news, and a Carlyle spokesman did not respond to a request for comment. It is noteworthy that LiveU is changing hands for the second time in two years: the company was previously acquired by Francisco Partners, another private company, for $200 million. This rapid jump in the valuation of the company is partly due to the growing interest in video content. Video on demand and live has become the main means of informing and entertaining people and accounts for more than 80% of all IP traffic. It is not surprising that a company that develops technologies that simplify, cheaper and provide better video transmission has attracted the attention of investors.

Developer of network equipment for live broadcasts LiveU sold to an investor for $400 million

Another reason for the increase in value is due to the fact that the company has LiveU grown in size due to its own acquisitions. Earlier in 2021, she bought her trading partner in the UK market, Garland Partners, for an undisclosed amount. This consolidation helped establish a course for both the acquisition of the LiveU itself and its valuation.

Carlyle is actively concluding deals amid the COVID-19 pandemic and related changes in consumer and business behavior. Other acquisitions of an investment company in Europe (in particular, in the UK) included the purchase of a startup 1e to maintain a hybrid work schedule for $270 million and a gaming company Jagex for approximately $530 million. In addition, Carlyle acquired a stake of $200 million in the South Korean startup Kakao Mobility.^[1]

Notes