SGI-Japan Ltd. sales DAVID Systems GmbH

Year:  2009
Transaction value:  Not published
Industry:  Media
Business field:  Mergers & Acquisitions
HSCie Customer
SGI Japan Ltd., Tokyo

SGI Japan Ltd. was founded in 1987 as a subsidiary of Silicon Graphics, Inc. which revolu-tionized the Hollywood film industry. Since then, SGI-J has developed highly advanced solu-tions in the field of computer graphics and high-performance computing technologies as a world-leading, innovative company.

www.sgi.co.jp

Companies involved
DAVID Systems

DAVID Systems has been developing software products and technology for the broadcast market since 1991, with a focus on radio, TV, and associated Internet services. DAVID stands for Digital Audio &  Video Integration &  Development. The broad product portfolio represents all fields in a typical broadcast workflow from multimedia production to data ex-change and file transfer through to play-out and broadcast process control.

www.davidsystems.com

Transaction
SGI Japan Ltd., Tokyo, Japan, has sold its international IT broadcast operations headquar-tered in Germany to the DAVID management and a private investor as part of its strategy to further strengthen its core business of high performance computing.

Task
HSCie advised on the valuation and conducted the negotiations.