Communications platform provider Skype is to acquire Qik, a provider of mobile video software and services that enable individuals to capture, instantly share and preserve great moments on video from anywhere. The transaction is expected to close in January 2011. Terms of the acquisition will not be disclosed. Qik was founded in 2006 and offers […]
EchoStar Advanced Technologies, a wholly owned subsidiary of EchoStar Corporation, has acquired assets of Utah-based Move Networks, the technology innovator delivering advanced solutions for large scale streaming of quality video on the Internet. “We’re pleased to bring aboard the talents and proficiencies in adaptive streaming and IPTV from Move Networks which will enable us to […]
Danish triple-play operator Stofa – a subsidiary of private equity firm Ratos – has acquired the Danish cable TV activities of Canal Digital for an Enterprise Value of approximately DKK100 million (€13.4m). The seller is Canal Digital AS, owned by Telenor. In connection with the acquisition, Ratos is contributing capital corresponding to the entire Enterprise […]
Genband, a developer of IP infrastructure and applications solutions, has signed a definitive agreement to acquire Cedar Point Communications, a specialist in IP switching solutions for cable providers. The transaction is expected to close in January 2011, and is subject to customary approvals and closing conditions. By acquiring Cedar Point, Genband will increase its existing […]
Broadcast and professional solutions supplier Grass Valley has confirmed that Francisco Partners, a leading technology-focused investment company, has completed the closing process with Technicolor and finalised the acquisition of the Grass Valley Broadcast and Professional business. As of January 1, 2011 Grass Valley began doing business as an independent company, under the trade name ‘Grass […]
As the 2010 working year drew to a close, it emerged that a report looking at whether News Corp’s proposed acquisition of the 61 per cent of BSkyB it does not already own would give the media group too much media power, was sent to the British government without being made public. The UK government […]
Technicolor has said that it will issue new shares worth about €213 million to pay back creditors after it failed to sell assets in its restructuring process fast enough. The group had issued about €265 million of debt in so-called disposal proceed notes (DPN) during its 18-month-long restructuring process in which it sought the protection […]
The proposed acquisition of BSkyB by News Corporation should be subject to an independent investigation, according to an ICM poll. The results revealed that 63 per cent of respondents support an independent probe into News Corp’s plans to acquire the 61 per cent stake it doesn’t already own. The ICM survey was commissioned by telco […]
French technology and media services company Technicolor has received a binding offer from Parter Capital Group, a private equity investment consultancy firm based in Germany, to acquire its transmission business, operating under the Thomson Broadcast brand. The offer values the Transmission business for a non-material amount. As announced early 2010, a range of former Grass […]
French technology and media services company Technicolor has received a binding offer from Parter Capital Group, a private equity investment consultancy firm based in Germany, to acquire its transmission business, operating under the Thomson Broadcast brand. The offer values the Transmission business for a non-material amount. As announced early 2010, a range of former Grass […]