Inside Secure, at the heart of security solutions for mobile and connected devices, has acquired SypherMedia International, a California-based security solutions and services provider, for up to $10 million, including a potential earn-out of up to $3 million. SypherMedia is a key player in embedded security from product design to product life cycle management. SypherMedia’s […]
UPC has completed a full takeover of the cable network in the old town of the municipality of Mellingen in the canton of Aargau. A large part of the network infrastructure in the municipality of Mellingen was already owned by UPC. Some 300 residents who already use the UPC services will also be able to […]
UK transmission and TV facilities company Arqiva has postponed its planned Initial Public Offering (IPO) on the London stock market. The decision was unexpected, and could indicate that Arqiva is in negotiation for a trade sale, which was its initial plan. The IPO was expected to raise some £6 billion (€6.72bn) in what would have been the […]
Cisco Systems is reportedly looking for a buyer for its former NDS video software division, Cisco Videoscape. Bloomberg is quoting people familiar with the process, adding that Cisco is looking to sharpen its focus in the extremely fast-changing network infrastructure business. Cisco paid around $5 billion for NDS back in 2012. Cisco sold the former […]
International TV and broadband company Liberty Global has announced that Balan Nair, currently Chief Technology & Innovation Officer for the company, will assume the position of President and CEO of its Latin American and Caribbean operation once the split-off from Liberty Global occurs, which is expected around the end of 2017. Nair brings to his […]
The European General Court has annulled the planned merger of the UPC and Ziggo cable TV networks in the Netherlands, finding that the European Commission failed adequately to look into the impact of the merger on pay-TV sports channels. In 2014, the European Commission approved international cable operator Liberty Global’s acquisition of Dutch cable TV network […]
Madrid-based satellite operator Hispasat is still very much a potential take-over target. The name now most-frequently mentioned as being the buyer is Red Electrica De Espana (REE), the nation’s state-backed (but publicly-quoted) operator of the national electrical grid. It also has investments in Portugal, Peru and Bolivia. Currently, infrastructure conglomerate Abertis controls Hispasat. In May […]
Brazil’s antitrust authority, the Conselho Administrativo de Defesa Econômica (CADE) has approved AT&T’s pending acquisition of Time Warner. “We appreciate the hard work by CADE to review and evaluate the AT&T-Time Warner merger and approve it based on its benefits to Brazilian consumers,” said David McAtee, senior executive vice president and general counsel, AT&T. As […]
Eurofins Digital Testing, a global player in end-to-end quality assurance and testing services, has acquired My Eye Media to strengthen its ability to help serve multiplatform TV and video service providers, including studios, programmers, broadcasters, OTT providers and operators around the globe. Financial terms were not disclosed. Eurofins Digital Testing is a specialist in end-to-end […]
MTG has completed the sale of its Baltic broadcasting businesses to Providence Equity Partners for a total cash consideration of €100 million. The transaction is based on an Enterprise Value of €115 million. The sale will result in a preliminary net capital gain, realised in the Q4 results, of approximately SEK 580 million. All items […]