News Brief

Avail-TVN Buys On Demand Group

Avail-TVN, a global provider of advanced digital video services, says The Carlyle Group will lead $100 million of new investment funding enabling Avail-TVN to acquire UK-based On Demand Group, a provider of video on demand services to major TV brands outside of the United States. Carlyle joins existing Avail-TVN investors, including Columbia Capital, Valhalla Partners, Novak Biddle and Pioneer Ventures.

Tags: m&a, tv
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