Leading Asian AV and Broadcast systems integrator Ideal Systems has acquired Singapore based Pro–Audio specialist Control Logic Systems (CLS). In a deal announced on the opening day of Broadcast Asia 2025, David Seow, Managing Director at Control Logic Systems, said: “We are delighted to become part of Ideal Systems growing AV business in Southeast Asia, […]
AST SpaceMobile’s ambition to acquire Ligado’s space bandwidth over the US is close to finalising. A statement from Ligado said: “We have reached an agreement in principle with all of the parties, so with Inmarsat, with AST, and with our two ad-hoc creditor groups…” The final judicial hearing will be on May 29th (if uncontested) […]
The 2001 merger of Time Warner and AOL is up there in most analysts’ top 10 of worst, and most value destroying, deals ever. But those troubles were meant to have been long left behind with the much later deal to drop any reference to Time, merge with Discovery and resurrect the old Warner Brothers […]
The Executive Board and the Supervisory Board of German commercial broadcaster ProSiebenSat.1 Media SE has recommended shareholders not to accept the voluntary public takeover offer made by MFE-MediaForEurope, deeming it inadequate from a financial perspective. Following a review of the offer document dated May 8th, 2025, both governing bodies have concluded that the offer is […]
US telco giant AT&T has reached an agreement to acquire substantially all of Lumen’s Mass Markets fibre business for $5.75 billion (€5bn), subject to purchase price adjustments, in an all-cash transaction that it says will expand investment in critical US connectivity infrastructure, create new middle-class jobs, and accelerate high-speed fibre Internet access to millions of […]
LiveU, a specialist in live IP-video contribution, production and distribution solutions, has announced the closing of its acquisition of Actus Digital’s business and technology – first announced in April. Actus Digital now becomes Actus Digital, a LiveU Company, operating as an independent sister brand to LiveU. LiveU and Actus Digital serve many of the same […]
Canadian-based satellite construction specialists MDA has increased its offer to buy satcom technology provider SatixFy by 43 per cent as it faced a competing bid. The increased offer values SatixFy at $280 million (€247.9m). Back on April 1 when the acquisition was first announced MDA had offered $2.10 per share. SatixFy then approached 75 potential […]
France’s Canal+ and South African pay-TV broadcaster Multichoice have been informed that the South Africa’s Competition Commission recommended Canal+ takeover of MultiChoice Group will be approved, with conditions, clearing a significant hurdle. Conditions include funding commitments for the production of local South African general entertainment and sport content, and funding local content creators. Canal+, which […]
BT is reportedly in advanced talks to sell its 50 per cent stake in TNT Sports to US joint venture partner Warner Bros Discovery (WBD). A deal could be confirmed this week, according to FT. WBD has an option to buy out BT’s stake before the end of 2026, the FT report added. Any deal […]
Management at music video streaming service ROXi has completed buy-out of the ROXi business, in partnership with a syndicate of investors. The newly formed company, called FastStream Interactive Limited (FSI), has acquired the business and technology of ROXi – as well as sealing distribution deals with a number of broadcasters, who will bring FSI’s interactive […]