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Technetix buys Foentel

UK Cable component supplier Technetix has bought its Spanish equivalent Foentel. It is the intention of Technetix to merge this business with its existing Spanish operation Tratec Telecom España, broadening…

NBC buys Sparrowhawk

NBC Universal has agreed to acquire Sparrowhawk and its global portfolio of pay TV channels, including the international Hallmark Channels, from Providence Equity Partners, 3i and management shareholders. The announcement…

DIG takes 40% stake in Indian IPTV

Dubai Investment Group (DIG has acquired through its subsidiary Dubai Ventures, a 40 per cent stake in Time Broadband Services, India's newest IPTV (Internet Protocol Television) service provider. Having extensive…

Telekom Austria buys MRS

Telekom Austria Group has bought the interactive TV voting company Mass Response Service GmbH (MRS) from the Dutch company Twister Media Group for around E19.5 million as part of its…

Macquarie after C&M

A consortium including Macquarie Bank's South Korean private equity arm and MBK Partners is set to acquire a 30 per cent stake in the country's second biggest cable TV group…

Cavalier in SecureMedia deal

Digital media protection specialist SecureMedia has been acquired by US competitive communications provider Cavalier Telephone and TV. SecureMedia will remain an independent company, servicing current customers while pursuing new worldwide.…

Virgin delays auction

As predicted Virgin Media is to delay its auction in the hope credit market turbulence will settle to allow private equity suitors to finance bids of up to $23 billion…

Disney acquires social net

Disney has made its first acquisition in social networking buying Club Penguin, which operates an online virtual world for children, for a fee that could eventually rise to $700 million.The…

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