Viola Group invests $9.4 mln for additional stake in RRsat Global Communications

Viola Group, an Israeli tech-focused private equity firm, has acquired an additional 6.6 percent stake in RRsat Global Communications Network, which provides digital content management and global content distribution services to the broadcasting industry. Viola acquired the stake from Kardan Communications for a total investment of $9.4 million. Viola Group, following the investment, owns about 28.6 percent of RRsat's shares.

10 April 2014•2 mins read
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