Tele2 and Deutsche Telekom have agreed to sell T-Mobile Netherlands to funds advised by Apax Partners and Warburg Pincus for an enterprise value of €5.1 billion. They claim the transaction provides an opportunity for Tele2 to realise value from the successful development in T-Mobile Netherlands and to conclude Tele2’s international consolidation. The Tele2 Board of […]
Mediaocean, the global omnichannel advertising platform, has announced an investment from funds advised by CVC Capital Partners, along with TA Associates, who are acquiring the stake in the company held by Vista Equity Partners. Mediaocean helps agencies and marketers manage $200 billion in annualised media spend. CVC and TA say they are committed to investing […]
Adtran has announced a merger with ADVA to create a global, scaled provider of end-to-end fibre networking solutions for communications service provider, enterprise and government customers. The merger combines Adtran’s global prowess in fibre access, fibre extension and subscriber connectivity solutions with ADVA’s expertise in metro wavelength division multiplexing, data centre interconnect, business ethernet and […]
Telestream, a portfolio company of Genstar Capital and a leading provider of digital media tools and workflow solutions, has announced the acquisition of Sherpa Digital Media, a live event hosting and distribution platform used around the world by Fortune 500 companies and others to stream content to their customers, employees, and members. “Sherpa Digital Media […]
SES CEO Steve Collar, SES’s CEO in an interview on the topic of satellite industry merger activity, admitted that he was sure that “everyone’s talking to everyone”. Collar added, in the interview carried by Bloomberg, that because Space is “essentially a fixed-cost industry, so the scale that’s generated from consolidation can be important financially. And […]
The UK’s Competition and Markets Authority (CMA) has found that NVIDIA’s purchase of Arm raises serious competition concerns. A summary of the CMA’s report, which was sent to the Secretary of State (SoS) for the Department for Digital, Culture, Media and Sport (DCMS) on July 20th ahead of the set deadline, has now been published. […]
Adobe has entered into a definitive agreement to acquire Frame.io, a cloud-based video collaboration platform, in a transaction valued at $1.27 billion (€1.09bn). With over a million users across media and entertainment companies, agencies, and global brands, Frame.io streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using […]
Videociety, a subsidiary of Germany media company Splendid Medien, has reached an agreement with Joyn, the ProSiebenSat.1 and Discovery joint venture, to acquire its maxdome VoD store. With the takeover, effective from October 1st, the Splendid Group says it intends to further expand its VoD business. Financial terms were not disclosed. “We are seeing an […]
Content workflow specialist Vislink has closed on an $18.3 million (€15.5m) acquisition of mobile live streaming solutions provider Mobile Viewpoint. The deal is comprised of a €14.8 million stock purchase agreement and the assumption and payment of €700,000 in intercompany debt. According to Vislink, the acquisition will enable the company to fulfil its strategic aim […]
Southeast Europe—focused telecommunications services and media provider United Group has reached an agreement with Crystal Almond Holdings Limited to acquire Greek multiplay telco Wind Hellas, one of the country’s three mobile operators. Wind has a total of 4.2 million users and offers mobile, fixed, Internet, and television services. It generates revenues in excess of €500 […]