Cartagena Capital advises LiberoVision's shareholders on the sale to Vizrt
Cartagena Capital acted as exclusive financial advisor to the shareholders of LiberoVision
03.08.2011 - Vizrt Ltd., a leading provider of content production tools for the digital media industry, recently announced that further to its announcement on May 9, 2011, the Company has successfully closed the acquisition of the first tranche of 60% of all the issued and outstanding shares of LiberoVision AG, a leader in the field of virtual sports enhancements.
A further 20% will be acquired 30 days following receipt of the financial results of LiberoVision for the financial year 2011 and the remaining 20%, 30 days following receipt of LiberoVision’s financial results for the financial year 2012.
LiberoVision is the global leader for virtual sports enhancements, employing 17 people. Based on existing TV images only, the company’s lead products Libero Highlight and Libero Offside generate the perfect perspective for analyzing interesting or controversial scenes.
LiberoVision's Emmy nominated technology is available for football, American football, basketball, ice hockey, baseball, and rugby. Broadcasters around the world such as ESPN, NBC, BBC, ZDF, Sky Italia, and Televisa use LiberoVision.
“We are extremely satisfied with Cartagena’s services. We have found the ideal buyer for our company. The strategic synergies with Vizrt are tremendous,” says Dr. Stephan Würmlin Stadler, CEO of LiberoVision AG.
He is joined by his co-founder, Dr. Christoph Niederberger (CTO of LiberoVision AG), who comments: “We can highly recommend Cartagena Capital to every entrepreneur. They really go the extra mile for their clients”.
For more information please visit www.cartagena-capital.com or contact us.
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Contact:
Cartagena Capital GmbH
Falk Müller-Veerse, Managing Partner
falk [at] cartagena-capital [dot] com
www.cartagena-capital.com