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Verizon buys Yahoo for $4.8bn

Following weekend speculation that a deal was imminent, Verizon Communications and Yahoo have confirmed they have entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for…

Hinduja Group to merge cable TV, HITs biz

In a bid to consolidate its media investments, the Hinduja Group has decided to merge its cable television business IndusInd Media and Communication, with its Headend-in-the-Sky (HITs) business of Grant…

EU approves Airbus Safran purchase of Arianespace

The European Commission has approved the take-over of Arianespace by Airbus-Safran Launchers (ASL) and the new ownership is structured with conditions designed to minimise any prospects of anti-competitive behaviour –…

SoftBank acquires ARM in £24bn deal

SoftBank acquires ARM in £24bn deal

Japanese telecommunications and Internet corporation SoftBank Group (SBG) and UK chip manufacturer ARM Holdings (ARM) have agreed a deal under which SBG will acquire 1,412 million shares of ARM with…

China bid for Opera blocked, deal reshaped

A Chinese consortium’s $1.24 billion (€1.12bn) bid for Norwegian online browser and advertising specialist Opera Software has been blocked by the regulator Opera said, sending its shares to a seven-month…

China Digital TV expands and acquires

Beijing-based digital TV conditional access smart card supplier China Digital TV is likely to be acquiring 100 per cent ownership of Beijing Super TV and Beijing Dagong Technology. Both these…

CSI Sports acquires Belgium’s Sport 10

CSI Sports acquires Belgium’s Sport 10

CSI Sports a provider of original and live premium fight related sports content, has acquired the Sport 10 channel in Belgium reaching 1.3 million subscribers on the Proximus platform. The…

Eutelsat’s plan to exit Hispasat stalls

Eutelsat is looking to exit from Hispasat, and sell its 33.69 per cent stake. However, it has hit a major hurdle with 57 per cent majority owner Abertis Group saying…

Netcracker acquires CoralTree Systems

Netcracker Technology, a wholly owned subsidiary of NEC Corporation, has completed the acquisition of CoralTree Systems, a leading provider of converged solutions for European service providers. The acquisition includes CoralTree’s…

Virgin Media buys UTV Ireland for €10m

Virgin Media buys UTV Ireland for €10m

Following earlier reports that cable MSO and content investor Liberty Global was interested in acquiring free-to-air general entertainment channel UTV Ireland, its wholly-owned subsidiary Virgin Media has entered into an…

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