LiveU has bought its Oceania channel partner Pacific Live Media as it aims to “get closer” to customers in key markets.
Financial details of the deal have not been announced. PLM was set up in 2016 as a specialist contribution vendor, LiveU selected the company as their sole distribution partner for the Oceania region.
The buyout follows LiveU’s acquisition of Garland Partners in the UK last year.
Samuel Wasserman, LiveU’s CEO and co-founder, said, “We’re delighted to welcome Chris Dredge and the PLM team into the LiveU family. PLM has excelled in sales, service and support of LiveU’s customers in the region. With his deep technological knowhow and passion for LiveU, Chris has played a central role in growing our business.
“Our joint customers are some of the most innovative adopters of our cloud-based remote production workflows worldwide. This move will help us to maximise our business potential and expand our end-to-end offerings as live events come back in full after the pandemic, facilitated by the tremendous local service and support.”
Chris Dredge, managing director and founder, PLM, added: “We are truly excited to join LiveU! LiveU’s best-in-class solutions have been the main growth engine for our company and coming together as one entity is the natural next step. LiveU’s technology delivers on so many levels and, as a trusted partner, we have taken great pleasure in developing innovative workflows that deliver increased production efficiency as well as a superb viewing experience. We can’t wait to see what else we can do to help customers with their live events, officially part of LiveU.”