BIG NEWS ALERT 🦁 🦁 🦁 🚀 🚀 🚀
Live Graphic Systems, AKA LIGR, has announced its majority acquisition by the Crionet Group, an Italian founded company, that operates worldwide providing innovative solutions and technologies for the Sport and Media Industry. This marks an exciting milestone for the LIGR team and its shareholders, with the acquisition allowing all shareholders to exit while positioning LIGR to expand and grow globally under the Crionet Group who have shown strong global growth with connections and clients all over the world.
With Crionet's strong presence globally, and LIGR's powerful suite of cloud based broadcast tools, we look forward to joining forces and offering both LIGR and Crionet clients a new world class suite of sports tech offerings.
"Our LIGR team and brand will stay on and continue to grow our internal capabilities and global presence in combination with the expertise and experience of Crionet. It's been an exciting journey to this point and this seems like it's just the beginning. We thank all our valued customers, shareholders and current and past employees for helping us get to this milestone and look forward to the next phase of expansion and product growth", Luke McCoy, CEO and Co-Founder, LIGR.
Read the official press release below.
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Crionet White Bridge Investments
#sportstech #broadcasttech #innovation #crionetgroup