Aerospace giant Airbus Defence & Space CEO Guillaume Faury told analysts that he would prefer to merge all of its Space Division with rival satellite specialist Thales Alenia Space’s similar activity. However, he added that if Europe’s anti-trust and political regulators found that difficult to approve, then Airbus would slice merger transactions into small pieces […]
Lockheed Martin (LM) has completed its purchase of satellite builder Terran Orbital. “The addition of Terran Orbital’s spirit of entrepreneurship to the scale of Lockheed Martin means there is a great deal of opportunity to keep pushing the boundaries of technology and space solutions together,” commented Robert Lightfoot, President, Lockheed Martin Space. “We welcome their […]
Virgin Media O2 has reported Q3 revenue of £2.7 billion (€3.2bn), down 2.7 per cent YoY – primarily attributed to handset revenue decline offsetting stable consumer service revenues underpinned by fixed ARPU growth. The telco’s total fixed customer base now stands at 5.8 million with 15,000 customer additions in Q3, showing a return to fixed […]
ITV Studios has acquired a majority stake in Eagle Eye Drama, the UK drama producers which was launched in 2018 by Walter Iuzzolino, Jo McGrath and Jason Thorp – the team also behind international drama streaming service, Walter Presents on Channel 4. Eagle Eye, which has been part of Channel 4’s Indie Growth Fund since […]
Zinc Media Group, the television and content creation company, has acquired Raw Cut, the UK independent production and distribution group. This strategic acquisition strengthens Zinc’s position as a key player in factual production, by solidifying their presence across all UK nations, as well as enhancing their IP and distribution potential. With a strong reputation in […]
Two Circles, the data-driven sports and entertainment business, has announced an agreement to acquire Spring Media Group, adding new products and solutions to Two Circles’ fan-marketing services. Spring Media has more than doubled in scale over the last three years. This growth has been driven by an innovative approach to full-cycle media rights management, sales […]
TKO Group, the sports and entertainment company that owns UFC and WWE, has reached a definitive agreement with Endeavor to acquire Professional Bull Riders (PBR), On Location, and IMG in an all-equity transaction valued at $3.25 billion (€3.01bn). TKO Group said the strategic acquisition of these sports and hospitality assets from Endeavor expands its operational […]
Netgem has announced the acquisition of Gamestream’s Cloud Gaming activities. Netgem is acquiring all of Gamestream’s assets (customer contracts, video game publisher contracts, technology, brands, etc) along with a team of video game market specialists. Netgem says the takeover will allow it to deploy its immersive TV content offers more widely, thanks to a proprietary […]
Apcela, a specilaist in high-performance networks, has signed a definitive agreement to acquire the SmartSky Air-to-Ground (ATG) Network. This strategic acquisition combines SmartSky’s patented, in-flight technology with Apcela’s advanced networking platforms. This combination includes the integration of a new group of strategic partners. Mark Casey, CEO of Apcela, commented: “The acquisition of the SmartSky ATG […]
Vecima Networks has announced that, through its subsidiary Vecima Technology, it has acquired Falcon V Systems, a Poland-based provider of vendor-agnostic, virtualised software solutions and services for Broadband Service Providers. Vecima has acquired all outstanding Falcon V Systems shares, as well as the company’s technology, intellectual property, and talent. With the close of the acquisition, […]