Technicolor Receives Offer for Grass Valley Broadcast Business

Technicolor announced that it has received a fully documented binding offer from Francisco Partners for the acquisition of the Grass Valley Broadcast business. According to the statement, this disposal process contributes to the strategic refocus around its content creators and network service providers customer base, initiated by the Group in 2009.

Technicolor to Axe 625 Jobs at Grass Valley

Technicolor announced a reorganization plan to enable its Grass Valley business to adapt to a strongly deteriorated business climate. According to the statement, Grass Valley, currently being divested, is not within Technicolor’s strategic re-focusing, centered upon services for content creators and distributors. The worldwide market for professional broadcast equipment, where Grass Valley does business, has …

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Sensio 3D Solutions Showcased at NAB 2010

Sensio Technologies Inc. announced that the company’s 3D format and 3D technology solutions will be showcased at the 2010 National Association of Broadcasters Show (NAB) within the International Datacasting Corporation booth and in demonstrations at the Grass Valley, Teranex and Gennum booths.