Accenture has agreed to acquire Fibermind, an Italy-based network services company, specialising in fibre and mobile 5G networks deployment, as well as infrastructure engineering services. Accenture says this acquisition will strengthen its capabilities in the domain and extend network services to clients across multiple industries, including telecommunications, utilities and transportation. Headquartered in Rovigo, Italy, with […]
Netomnia and Brsk, two fast-growing alternative networks (altnets) in the UK telecommunications industry, have announced a merger which they say will establish “the only scaled and capital-efficient retail, wholesale and consolidation platform in the market”. The new group will have a combined network footprint of 1.5 million premises immediately post-merger, with a target of reaching 3 million […]
Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has signed a definitive agreement to acquire Stellar Blu Solutions, which will become a core component of Gilat’s IFC growth strategy. Stellar Blu Solutions is a US-based avionics solution provider of next-generation SATCOM terminal solutions. Gilat expects its annual revenues from the acquired […]
Mexican billionaire businessman Carlos Slim has taken a 3.16 per cent stake in BT, Britain’s biggest telco, according to a stock market filing, in a boost to the company’s new chief executive Allison Kirkby. The stake bought by Slim, whose family controls US telco giant America Movil, has a market value in excess of £400 […]
Zixi, provider of the award-winning Software-Defined Video Platform (SDVP) and a specialist in enabling live video transport over internet protocol networks, has announced that Boston-based software private equity firm Clearhaven Partners has completed a significant investment in the Company alongside Zixi’s executive team to drive to the next stages of growth. Founded in 2006, Zixi […]
Equativ, the independent ad tech company, has announced its merger with Sharethrough, the independent omnichannel ad exchange. This union aims to establish one of the largest ad marketplaces globally, empowering advertisers, media owners, and technology partners to optimise programmatic value and scale. With more than 720 employees, 18 countries, and a combined net recurring revenue […]
Shari Redstone has called an end to talks with David Ellison’s Skydance Media, ending the potential sale of a controlling stake in Paramount Global after some six months of negotiations. The move by Redstone, Paramount’s largest shareholder, came just as it seemed a deal was close. A special committee of Paramount’s board had been scheduled […]
Dolby Labs is to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP, primarily targeting the consumer digital media and electronics sectors. Dolby will pay $429 million (€399m) in an all cash transaction. This deal is expected to close by the end of fiscal year 2024, subject to regulatory approval and […]
Grupo Televisa, the Mexican telco, has announced that the approval from the Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones) has been received with regards to the acquisition by the company of the participation in Sky Mexico previously held by AT&T. The transaction, first announced in April 2023, has now been carried out. Consequently, Televisa now […]
LG Ad Solutions, a specialist in connected TV (CTV) and cross-screen advertising, has announced that Dave Rudnick has been promoted to Chief Technology Officer, effective immediately, to lead technology strategy, advise engineering, product, data, and network security systems teams, and develop innovative solutions that support the company’s clients, prospects, and the broader CTV industry. Rudnick […]