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t ransact ions OcTOPuS iNVeSTMeNTS iNVeSTS £1.6


MilliON iN VeGA-chi liMiTeD Octopus has announced an investment of £1.6 million into Vega-chi limited, the first electronic trading platform dedicated to european convertible and high-yield bonds. Vega-Chi enables institutional investors to trade convertible and


high-yield bonds directly with each other without having to go through intermediaries. It provides an alternative pool of liquidity where participants can achieve best price execution, transaction cost savings, improved liquidity and anonymity. Furthermore, the Vega-Chi trading system offers full pre-trade and post-trade transparency and access to full historical data, allowing investment managers to make better informed decisions. Vega-Chi has 65 participant firms and has received orders in excess of $20 billion since its launch in February 2010. The investment provided by Octopus will enable the company to expand its products and regional footprint in electronic trading for fixed income products. Jo Oliver, from Octopus, commented: "Vega Chi's platform


applies a disruptive technology to a very large, inefficient market. It is run by an exceptional entrepreneur and has the potential to dramatically change the way these securities are traded internationally. The progress made by the company to date is impressive, and we look forward to partnering with the management team to develop a successful and valuable business." Constantinos Antoniades, Vega-Chi CEO and founder,


commented: "We are very excited about the investment by Octopus and working with the Octopus team. The investment brings to Vega-Chi a strong and value-added partner and will allow us to accelerate our growth in new regions and products." fi


visit www.finance-monthly.com SGT AcquireS ViVeSTA


SGT, a leading european software vendor in the broadcast and media industry, acquired Vivesta, a Netherlands-located specialist for workflow-based media solutions for TV, VOD, iPTV and mobile TV services, on February 15, 2011. Vivesta´s product line MediaFlow, for Media Asset Management, Playout Automation and VOD solutions, will continue to evolve and be supported. The two product suites are highly complementary. With a


larger and more comprehensive product offering, the combined entity SGT-Vivesta will be able to significantly expand its market reach: • SGT´s VEDA software suite for workflow automation is an innovative solution for video content management (MAM) and linear and non-linear playout automation. VEDA is based on Microsoft technology and mainly addresses high-end markets. • With MediaFlow, Vivesta offers a play automation, a media asset management and media business management solution for TV channels and VOD. MediaFlow is based on Linux and open source (LAMP stack) technologies and is primarily targeting mid/upper-range markets. In order to ensure strong investment protection for existing


clients, the two product lines will continue to evolve and to be supported. The combined and optimized linear TV and VOD solutions will enable clients to maximize their revenues from the content. The brands of SGT and Vivesta remain unchanged. Vivesta´s management and all employees will continue to be part of the team and all three sites, two in France and one in the Netherlands will be maintained to be close to the customers. SGT and Vivesta will share a booth at NAB (Las Vegas), IBC (Amsterdam) and Natexpo (Moscow). fi


Vega-Chi has 65 participant firms and has received orders in excess of $20 billion since its launch in February 2010.


Vivesta´s management and all employees will continue to be part of the team and all three sites, two in France and one in the Netherlands will be maintained to be close to the customers.


Octopus Investments invests £1.6M in Vega-Chi Limited


Funder:


Legal advisor to the management team:


Financial due diligence provider:


SGT acquires Vivesta


Legal advisor to the equity provider:


Legal advisor to the vendor:


Tax advisor:


Commercial due diligence provider:


Financial due diligence provider:


Management team due diligence provider:


Systems due diligence provider:


This announcement appears as a matter of record only fi MONTHLY MARCH 2011


This announcement appears as a matter of record only


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