Advanced Television

M&A

Beenius acquires Castoola

Beenius, a provider of an advanced interactive TV platform, has confirmed the acquisition of Castoola, a platform based on HbbTV technology that is applicable for broadcasters, TV operators, and advertisers. This purchase is an additional asset for Beenius, since its multi-platform solution for IPTV, OTT, DVB-X, is now also enriched with the HbbTV technology. Beenius’ […]

May 11, 2018

Vodafone/LG €18.4bn deal

In a transaction that it says accelerates its converged communications strategy through in-market consolidation in its largest market, Germany, and in its Central and Eastern European (CEE) markets, Vodafone has agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. This is expected to […]

May 9, 2018By Colin Mann

Croatia: Antitrust green lights Nova TV takeover

Croatia’s Agency for the Protection of Market Competition (AZTN) has given the green light for the purchase of the country’s most popular commercial TV channel Nova TV by Slovenia Broadband. The buyer is owned by US investment fund KKR, which in turn controls Balkan multi-play operator United Group. In its ruling, the AZTN stated that […]

May 9, 2018From Branislav Pekic in Rome

Fox buys seven stations to gain 50% coverage

21st Century Fox has bought seven TV stations from Sinclair Broadcast Group and Tribune Media Company for approximately $910 million. The transaction will grow Fox Television Stations’ (FTS) coverage to nearly half of all US households, and its market presence to 19 of the top 20 DMAs, including the addition of key markets that align […]

May 9, 2018

24i Media acquires Mautilus

24i Media, the Internet TV app technology provider, has announced the acquisition of Mautilus, the Czech TV app agency specialising in HbbTV and applications for multiple devices. The acquisition strengthens 24i’s technology framework with new products and features, and increases its production capacity with Mautilus’ highly-skilled engineers. The acquisition of Mautilus is the next step […]

May 9, 2018

Comcast $60bn to outbid Disney for Fox?

Reports suggest that US media giant Comcast is planning an all-cash bid of $60 billion (€50bn) for most of 21st Century Fox’s assets, dependent on whether the US administration approves AT&T’s acquisition of Time Warner. Any such deal would also see Comcast acquire 100 per cent of Sky. Comcast made a $31 billion bid for […]

May 8, 2018By Colin Mann

MasMovil for sale?

MasMovil, the fourth largest telco in Spain, may be the focus of a new consolidation move in the market. Its shareholders – mainly venture funds and private groups – are reportedly willing to sell the company in the next two or three years. MasMovil has significantly increased its value over the last year with a […]

May 2, 2018From David Del Valle in Madrid

Permira confirms Cisco video unit acquisition

Following advanced-television.com’s reporting that a deal was imminent, Permira, the global private equity firm, has confirmed that it is to acquire Cisco’s Service Provider Video Software Solutions (SPVSS) business. Following the close of the transaction, the Permira Funds will create a new, rebranded company focused on developing and delivering video solutions for the pay-TV industry. […]

May 1, 2018

UK competition watchdog submits Fox/Sky report

The UK’s Competition & Markets Authority (CMA) has submitted its final report on 21st Century Fox’s bid to buy the 61 per cent of Sky it does not already own to Matt Hancock, Secretary of State for Digital, Culture, Media and Sport. Hancock now has 30 working days to deliver his final ruling on the […]

May 1, 2018By Colin Mann

Cisco nearing video unit sale?

Following Advanced-Television’s November 2017 revelation that it was looking for a buyer for its former NDS video software division, Cisco Videoscape, reports suggest that the unit will be sold back to its previous leading shareholder, Permira Securities, with the sale price reported to be up to $1 billion (€820 million). Cisco acquired NDS for some […]

April 30, 2018By Colin Mann