Equity fund to harvest Grass Valley

Francisco Partners, a San Francisco-based private equity firm, has made a binding offer to Technicolor to acquire Grass Valley.

Grass Valley makes broadcast cameras (and almost any other kit needed for broadcast production) and, along with Sony, is one of the biggest names in manufacturing equipment for studio and outside broadcast use.

For the rest of the story on this, have a look at my news piece for TVB Europe magazine.