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 […]
German cable operator PrimaCom, which filed for insolvency in June 2010 after its shareholders failed to reach an agreement with creditors regarding repayment of a €29.2 million loan, is now ready to be sold on to financial investors. In a debt-for-equity swap, PrimaCom’s lenders Alcentra Group, Avenue Capital Group, Tennenbaum Capital Partners and ING have […]
Video-sharing sites such as YouTube could be subject to the same regulations as traditional broadcast television, according to controversial rulings by the Italian Communications Authority (AGCOM). Two rulings published by the Communications Authority state that some streaming and on-demand video sites would require a government licence to operate and be subject to similar editorial controls […]
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 […]
TSL has announced the appointment of Ian Collinson as Systems Sales Manager with responsibility for developing Systems Integration business opportunities and managing key customer accounts. Ian has a proven track record in Business Development, Account Management and Project Management and was recently based in South Africa with Sony developing opportunities for the World Cup. He […]
BT’s New Year introduction of Content Connect has come under immediate fire from Internet groups who claim it implements a two tier service which is anti- net neutrality. The new service allows Internet Service Providers (ISPs) that use BT’s network to charge content firms for high-speed delivery of video. “This is a sea change in […]
Spain’s Supreme Court has come down in favour of the tax imposed on telcos to finance national public broadcaster RTVE a year after it was stopped from selling commercial advertising. Telefónica, Vodafone and Ono had petitioned the Supreme Court to stop the telco tax – 0.9 per cent of turnover – on the basis it […]
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 […]