The Carlyle Group to sell Vubiquity to Amdocs
London, UK – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that it has agreed to sell Vubiquity to Amdocs (NASDAQ: DOX), a provider of premium content services and technology solutions to the media and communications industry. The transaction is expected to close by February 28th, 2018 subject to regulatory approval.
Vubiquity connects content owners and video providers to deliver entertainment to viewers on any screen. Based in Los Angeles, Vubiquity works with more than 600 film studios, television networks and independent producers, operates in 121 countries and 80 languages, and manages a 150,000+ asset library.
Carlyle invested in Vubiquity in May 2012 through Carlyle Europe Technology Partners II (CETP II) and Carlyle U.S. Growth Fund III (CGP III).
William Darman, Managing Director, The Carlyle Group, said: “We were pleased to help Vubiquity’s management team grow the company’s international presence and broaden its distribution reach to include key content players.”
Darcy Antonellis, Chief Executive Officer, Vubiquity, said: “We are delighted to have partnered with Carlyle, which has supported our growth and development. Vubiquity connects content owners and distributors across many diverse platforms and evolving business models. Our capabilities, coupled with Amdocs’ global scale and rich set of complementary solutions around monetization, analytics and personalized customer experience will be unique, allowing us to deliver to a larger set of customers while solving key industry challenges.”
Notes to editors:
Vubiquity connects content owners and video providers to deliver entertainment to viewers on any screen. Working with 630 leading film studios, television networks, independent producers and MCNs, Vubiquity brings premium content to over 1,000 global video distributors. Privately held, Vubiquity has offices in Los Angeles, Toronto and London. For the latest company news, follow us on Twitter @Vubiquity or visit www.vubiquity.com.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $174 billion of assets under management across 306 investment vehicles as of September 30, 2017. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,550 people in 31 offices across six continents.
Amdocs is a leading software and services provider to the world’s most successful communications and media companies. As our customers reinvent themselves, we enable their digital and network transformation through innovative solutions, delivery expertise and intelligent operations. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.9 billion in fiscal 2017. For more information, visit Amdocs at www.amdocs.com.
For more information, please contact:
The Carlyle Group
+44 (0)20 7894 1632
+1 (310) 614 4025
Tel: +1 (201) 631 6810