Advanced Television

Business

Microsoft must up bid for Yahoo

Yahoo’s board is expected to officially reject Microsoft’s takeover bid concluding the $44.6 billion offer “undervalued” the company, and want an offer equivalent to $40 a share, rather than the $31 offered by Microsoft. The company’s share price has increased so much since the offer was made that Yahoo’s market value now exceeds Microsoft’s offer, […]

February 12, 2008

Kudelski acquires EmbedICs

The Kudelski Group, specialists in CA, have agreed to acquire EmbedICs, a US-based embedded software, cryptography and fabless semiconductor design firm.

February 11, 2008

Cisco hits targets

Cisco matched second-quarter targets making $2.1 billion up from the year-ago $1.9 billion. Revenue rose 17 per cent from a year ago to $9.8 billion. Excluding certain costs, earnings rose to 38 cents a share from 33 cents a year ago. Analysts were looking for the company to make 38 cents a share on revenue […]

February 8, 2008

TW to cut off dial up and cable?

Time Warner has folwed up its results with news it is separating AOL's dial-up internet access service from its faster-growing online advertising business. The move could presage a sale or further realignment of both businesses. Jeff Bewkes, Time Warner's chief executive, called the split “one of our top priorities”, adding: “This should significantly increase AOL's […]

February 8, 2008

Teleste buys Ortikon

Teleste has acquired the Finnish software and video service solution provider Ortikon Interactive Ltd. Founded in 2000 Ortikon develops complete integrated software solutions designed for video business. The company supplies the related comprehensive systems mainly for European cable operators. As demand for the new video services increases in Europe the market share of digital headend […]

February 8, 2008

BBC in private equity talks

BBC World, the commercial arm of the BBC, has confirmed it is in talks with private equity groups to raise funds for possible acquisitions. The Times suggested it wanted to raise up to £1 billion (E1.38bn). The BBC has a £350 million commercial borrowing limit set by government. In recent years it has borrowed some […]

February 8, 2008

BT falls but broadband up

BT saw profits before tax and after exceptional items fall 30 per cent to £447 million (E620m) in the last quarter of 2007. But the group reported strong growth in its broadband and global services divisions, where profitability grew. BT’s retail unit achieved a 35 per cent share of all new broadband connections during the […]

February 8, 2008

ITV drags on Sky results

Despite a record for customer growth in the quarter to the end of December, BSkyB reported a loss of £36 million (E48m) against a profit of £356 million for the same period a year ago. Much of the decline is attributable to the £343 million write down of the value of Sky's controversial holding in […]

February 7, 2008

TW suffers AOL drag

Time Warner, the world’s largest media company by sales, posted improved quarterly earnings and revenue but forecast slower growth in 2008. Revenue rose 2 per cent to $12.6 billion, and net income of $1.03 billion. The last three months of 2007 were the first to be reported under Jeff Bewkes, who took over as CEO […]

February 7, 2008

ViaSat record revenues, profits

ViaSat reported quarterly and year-to-date revenues of $152.1 million and $427.2 million, respectively, for the third quarter. In addition, the satellite networking company said that pre-tax earnings were up 83 per cent for the quarter and 26 per cent year-to-date. Third quarter earnings reflect significant margin improvement in both government and commercial products,” said ViaSat […]

February 7, 2008