Technicolor Receives Binding Offer from Francisco Partners to Acquire Grass Valley Broadcast & Professional Business
Francisco Partners, a San Francisco, California-based private equity firm focused on investments in technology-based companies, has made a binding offer to Technicolor (Euronext Paris: 18453; NYSE: TCH) for the acquisition of the Grass Valley Broadcast & Professional business activities.
With nearly $5 billion of capital under management, Francisco Partners is one of the world’s largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology and technology-based companies with a strong foundation and secure market position. Francisco Partner targets investments in private companies, with transaction values ranging from $30 million to $2 billion. Since its inception, Francisco Partners has invested in excess of $4 billion of equity capital in over 50 technology companies. more



To get the gaming world psyched for the release of its new motion-sensing controller PlayStation Move, electronics giant Sony teamed up with San Francisco-based creative studio TEAK to concept, produce and handle post-production on “Move”, a three-minute film that premiered at the annual E3 video game conference this past June.
Each time a new gadget craze sweeps the Internet, there’s a high probability that the movers and shakers in the advertising world will be among its earliest (and most enthusiastic) adopters ⎯ especially if the brand name “Apple” is attached. When the tech giant released its interactive iPad tablet in May, developers and producers working in the ad space immediately began to explore its implications on filmmaking.
— GRAMMY® winner discusses Waves Chris Lord-Alge Artist Signature Collection —
STOW, OH, July 22, 2010 — Audio-Technica is pleased to announce that Pine City, New York-based Ark Productions & Marketing has been presented with A-T’s prestigious President’s Award. The award was presented by Marc Lee Shannon, Audio-Technica Vice President, Sales, and John Cheese, Territory Manager, Professional Products, to Ark Productions Principal Tim Chamberlain. The coveted A-T President’s Award was presented at a ceremony during this year’s InfoComm Expo on June 9th in Las Vegas, Nevada.
— Industry veteran Doug Simpson will address and support the audio/video needs of the Las Vegas hotel, club and recording studio sectors —

