RNS Number : 7212X
Videndum PLC
03 September 2025
 

3 September 2025

 

Videndum plc

 

Sale of JOBY brand to VIJIM

 

Videndum plc ("Videndum", the "Company" or the "Group"), the international provider of premium branded hardware products and software solutions to the content creation market, announces that it has reached agreement to sell its consumer orientated JOBY brand to VIJIM, the maker of camera and smartphone accessories.

 

This sale supports the Company's strategy to focus on core professional markets.

 

Whilst undisclosed, the proceeds of the sale will be used to pay down the Group's debt. In addition, Videndum will retain inventory which will be released over time.

 

Contacts

 

Videndum plc - 020 8332 4600

 

Georgina Kreysa, Group Communications Manager

Stephen Harris, Executive Chairman

 

FTI Consulting - 020 3727 1374

 

Richard Mountain

Ben Fletcher

 

A snapshot of Videndum plc

Videndum is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.

Videndum's customers include broadcasters, film studios, production and rental companies, photographers, independent content creators ("ICCs"), professional musicians and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, carrying solutions, backgrounds, audio capture, and noise reduction equipment.

We employ around 1,300 people across the world in 9 different countries. Videndum plc is listed on the London Stock Exchange, ticker: VID.

More information can be found at: https://videndum.com/

LEI number: 2138007H5DQ4X8YOCF14

 

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