LiveU sold to investment firm Carlyle
LiveU has been sold for the second time in as many years, after being acquired by global investment firm Carlyle. Carlyle specialises in partnering with technology businesses, and already has investments in Disguise, NEP, The Foundry, Vubiquity, BTI Studios and The Mill. Details of the transaction have not been revealed. Equity for the investment will be provided by Carlyle Europe Technology Partners (CETP) IV, a fund that invests in middle market technology-focused opportunities in Europe and the US.