Indicative Investments
Software Services

OmniBus Systems Ltd

Headquarters: Loughborough, UK
Business: Broadcasting automation systems
www.omnibus.tv
 

OmniBus is a global leader in the development and delivery of systems for the automation of television broadcasting. Following investment Palamon assisted OmniBus with their strategic development and a further capital injection enabled the creation of a revolutionary new broadcasting product, iTX. This software, which runs on standard IT hardware, significantly reduces costs and was installed by leading broadcasters around the world, including; the BBC, MTV, Discovery, Disney, CBS, and DirecTV. Consequently, despite the global recession from 2008, OmniBus continued strong growth in profitability and its unique strategic position made it a compelling acquisition target for trade buyers. In September 2010 Palamon concluded a sale to Miranda, a global manufacturer of high performance hardware and software for the television broadcast industry, for a consideration of €36.4 million.