Deal snapshot: MANAGEMENT BUYS OUT TELESTRA'S OOYALA.
MANews-(C)2009-2018
California, US-based content supply chain provider Ooyala and Australia-based telecommunications provider Telstra have completed the management buyout of Ooyala to provide the foundation for Ooyala's next growth phase, the company said.
With this deal, Telstra is writing off its USD 500m-plus investment in video streaming.
Country: USA
Sector: Media
Target: Ooyala
Buyer: Existing Ooyala management
Vendor: Telestra
Deal size in USD: 273m
Type: MBO
Fina...
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