Vislink Acquires Mobile Viewpoint for $18.3 Million (€15.5 million)
Creates Global Live Video Powerhouse to Address Growing Demand for Internet Video and Leverage all Existing Networks and Innovation in AI and 5G Hackettstown, NJ and Alkmaar, Netherlands, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Vislink (NASDAQ:VISL), a global technology leader in the capture, delivery and management of high quality, live video and associated data in the media & entertainment, law enforcement and defense markets, today announced it has closed on an $18.3 million (€15.5 million) acquisition of Mobile Viewpoint. The deal is comprised of a €14.8 million stock purchase agreement and the assumption and payment of €700,000 in intercompany debt. Privately-held Mobile Viewpoint, a