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Gilat assesses bids

Gilat the Israeli satellite network group, is evaluating interest from several strategic and private equity buyers in buying the company. The company, which is listed on Nasdaq in the US…

Nokia buys Enpocket

Nokia has agreed to buy US mobile advertising firm Enpocket. Nokia claims that the move will allow it to accelerate the scaling of its mobile advertising business, taking advantage of…

Sky-ITV inquiry delayed

The Competition Commission has extended the timetable for completing its inquiry into BSkyB’s £940 million (E1.3bn) purchase of a 17.9 per cent stake in ITV until next year. It had…

Discovery buys HowStuffWorks

Discovery Communications has expanded its web presence with the acquisition of online knowledge repository HowStuffWorks for an estimated $250 million (E176m). Discovery will use HowStuffWorks to showcase its existing footage,…

Eagle Broadband sold to Nighthawk

Eagle Broadband, a national provider of IP products and services, has completed an asset purchase agreement with Nighthawk Systems whereby Nighthawk purchased all rights, title, and interest in Eagle Broadband’s…

Channel 4 in for Box TV?

Channel 4 has held talks with Emap about taking full control of Box Television – owner of seven music channels on digital television platforms such as Freeview, including Kerrang!, Kiss,…

NBC buys Oxygen TV

NBC Universal has agreed to pay $925 million (E652m) for Oxygen Media, the independent cable television channel for women launched seven years ago by talk-show host Oprah Winfrey. It marks…

Portland TV seeks buyer

Richard Desmond, owner of the UK's Daily Express newspaper, has confirmed plans to sell a majority stake in his adult television business, assumed to be a prelude to an IPO…

BBC buys into Lonely Planet

BBC Worldwide has bought a majority stake in travel guide company Lonely Planet. The corporation’s commercial arm has acquired a 75 per cent stake in the privately owned company. The…

Deutsche Telekom buys Orange Netherlands

Germany’s Deutsche Telekom has concluded a deal to buy Dutch mobile phone and broadband Internet operator Orange Netherlands from France Telecom for E1.3 billion. Deutsche Telekom said it expects the…