Development Of Multimedia Company

  • Grass Valley was founded as a tiny R&D company in 1959 by Dr. Donald Hare in the small town of Grass Valley, California, in the foothills of California’s Sierra Nevada range.

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    Thompson Grass Valley

  • Grass Valley demonstrated its first video product, a Video Distribution Amplifier in a hotel room at the National Association of Broadcasters convention.

  • By 1968, the Grass Valley Group had introduced its first vision mixer, the flagship product that helped build the company’s reputation.

  • The company merged with Tektronix in 1974, and was very successful for the next fifteen years.

  • Then Tektronix sold its video business to a private investor (Terry Gooding of San Diego, CA), who reincorporated it under the name Grass Valley Group Inc. The sale closed on September 24, 1999.

  • In 2002, the French electronics giant Thomson SA acquired the Grass Valley Group.[

  • On January 29, 2009, Thomson announced its intention to sell the Grass Valley business unit.

  • On July 26, 2010, Technicolor (formerly Thomson) received a binding offer from the Francisco Partners to purchase the Grass Valley business unit, not including the headend and transmission businesses