Altice Group has sold Portuguese cable operator Cabovisão and Oni, a small telecom operator providing services for business customers, to Apax France for an undisclosed price. Altice had set a book value of €115.0 million for the two operators (of which €17.90 for Cabovisão) in its H1 2015 financials, well below the €300 million valuation […]
London-based satellite data operator Avanti reported improved revenues for its 2015 financial year. Revenues grew almost 30 per cent to $85.2 million (€75.9m). EBITDA also grew to $16 million (from $1.7m). The operator’s losses were reduced to $73.1 million from $87.2 million. But its contract backlog fell back, suggesting that customers are reducing the average […]
Sky has completed the acquisition of the remaining shares in Sky Deutschland. With 100 per cent ownership of Sky Deutschland, Sky says it is able to take full advantage of future growth opportunities across each of its five territories, and share strengths and expertise from across the group to serve customers better, accelerate innovation and […]
Internet-based TV company Magine TV has acquired the assets of film2home AB, which runs the Swedish film service Plejmo, the largest local independent streaming service for movies in the Nordic region. Plejmo is a VoD service where new films can be downloaded soon after cinema release, and before they are available on subscription services such […]
Tele Columbus, Germany’s third-largest cable network operator, has agreed to buy rival Pepcom to create a combined company reaching 3.7 million homes, in a deal valued at €608 million (including debt). Tele Columbus currently provides its Internet, telephony and pay-TV services to 2.8 million households in Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia while pepcom’s customers […]
Envivio, a provider of software-based video processing and delivery solutions, is to be acquired by Ericsson in a deal worth $125 million. “The uniting of Envivio’s pioneering software solutions and Ericsson’s strength in the marketplace is a great combination for our customers and stockholders,” said Julien Signès, founder and CEO of Envivio. “Ericsson shares a […]
Verimatrix has acquired Concurrent’s multi-screen video analytics business. “The sale of our video analytics business to Verimatrix is consistent with our plan to simplify our operating model and sharpen our focus on strategic initiatives,” said Derek Elder, CEO of Concurrent. “We believe this will enable us to better serve new opportunities that take advantage of […]
In a $725 million (€649m) deal, 21st Century Fox has taken a majority control of the National Geographic brand through a new joint venture that will combine National Geographic Channels with its other digital, media and publishing, travel and licensing assets. The new entity will be owned 73 per cent by 21st Century Fox and […]
Accenture has entered into an agreement to acquire S3 TV Technology, a business unit of Dublin-headquartered S3 Group that delivers consultancy, automated testing, service monitoring and diagnostic solutions to video service providers globally. S3 TV Technology is comprised of all the TV technology resources and assets of S3 Group. Accenture will integrate S3 TV Technology’s […]
ANTENNA Group, the international media and entertainment organisation, with a leading position in South Eastern Europe, has acquired a controlling stake in B92, one of the leading free to air television networks and radio broadcasters in Serbia and the region. B92 is a well-established, commercial, news oriented TV station that has developed a multimedia broadcast […]