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Baird Capital invests in Hong Kong-based audio-visual business

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Baird Capital invests in Hong Kong-based audio-visual business

Private equity group Baird Capital acquired a majority stake in Vega Technology Ltd.

Financial terms were not disclosed.

Hong Kong-headquartered Vega provides audio-visual, video conferencing and collaboration technology services to clients throughout the Asia-Pacific region.

Baird makes global venture capital, growth equity and private equity investments in strategically targeted sectors.