UK-based playout automation specialist Pebble Beach Systems has indicated in official announcements that it is carrying out a formal strategic review of the Group’s business and may consider selling the company. Pebble Beach Systems has a significant customer base in the Arab world and enjoys a good reputation in the industry as one of the […]
UK-based playout automation specialist Pebble Beach Systems has indicated in official announcements that it is carrying out a formal strategic review of the Group’s business and may consider selling the company.
Pebble Beach Systems has a significant customer base in the Arab world and enjoys a good reputation in the industry as one of the few companies who have consistently invested in improving its media asset management solutions.
The Group, however, remains constrained by its existing capital structure, including an estimated £11 million of ongoing bank borrowings.
In response to BroadcastPro MEs query about the situation, Tom Gittins, CEO at Pebble Beach Systems commented: “For Pebble Beach Systems Ltd, it is very much business as usual. The company continues to grow, and the MENA region remains a very important market for us. We’re looking forward to meeting customers and associates at CABSAT later this month, and are excited to introduce our latest developments at the show.”
