Vitec Group announces acquisitions of Lightstream and Quasar for a total of $42 million

The Vitec Group plc announces the acquisition of Lightstream and Quasar Science. Lightstream, which is a US-based technology company providing a cloud-based video production and editing SaaS platform, will become part of Vitec’s Creative Solutions Division. The business has 22 employees; The four co-founders, including the CEO Stu Grubbs, will also join Vitec. The acquisition of Lightstream, for an expected... Read More