NORWAY - Creandum invests in Appear TV
Swedish venture investor Creandum has invested Appear TV, a broadcast and IP television equipment provider.
Oslo-based Appear TV was founded in 2004. It supplies operators with broadcasting equipment enabling them to deliver real-time content to its viewers. In 2008, the business generated revenues of NOK 90m with NOK 22m in profit.
The aim is to float the business in the coming years.
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