Creative Technology’s Acquisition of Bright Group Approved to Move Forward – Yahoo Finance

Creative Technology Approved to Purchase Bright Group

Live Events leader Creative Technology is approved to move ahead with its acquisition of Bright Group – expanding its AV, lighting and other live events services in Norway, Finland, Denmark and Sweden — and available to clients throughout Europe.

Live Events leader Creative Technology is approved to move ahead with its acquisition of Bright Group – expanding its AV, lighting and other live events services in Norway, Finland, Denmark and Sweden — and available to clients throughout Europe.

PITTSBURGH, Pa. (USA), Nov. 03, 2021 (GLOBE NEWSWIRE) — Following its October 12th announcement, NEP Live Events company Creative Technology Northern Europe AB has received approval from the Norwegian Competition Authority to purchase Bright Group. This approval allows the deal to move forward, and it is intended to close in the next few days.

Headquartered in Vantaa (near Helsinki), Finland, Bright Group is a 360 supplier of live events services including audio, video, lighting, trucking, stages, infrastructure/installations and camera production to clients in Sweden, Norway and Finland.

Following a brief transition period, Bright Group will rebrand as Creative Technology and be integrated into Creative Northern Europe. To learn more about NEP’s full range of broadcast, live event and media solutions, visit www.nepgroup.com and www.ct-group.com. To learn more about Bright Group, visit www.brightgroup.com.

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About NEP Group

NEP Group is the leading technology partner for content creators around the globe. For more than 35 years, we have been delivering innovative products and services that enable our clients to make, manage and show the world their content—anywhere, anytime, on any platform. As a trusted partner working on some of the largest productions in the world, NEP offers a complete set of end-to-end solutions, from content capture to distribution—including a growing portfolio of transformational cloud-based, software-based and virtualized technologies. Our Live Production solutions range from AV services and live audience enhancements to traditional outside broadcast and cutting-edge centralized and cloud production. NEP’s Virtual Production solutions start at the creative stage and end with exceptional execution across ICVFX, augmented reality, LED stages and more. And, our Media Processing solutions provide the tools and products our clients need to ingest, edit, store, search, manage and distribute their digital assets to rights holders across multiple platforms.

Headquartered in the United States, NEP …….

Source: https://finance.yahoo.com/news/creative-technology-acquisition-bright-group-192600230.html

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