BSkyB will report Q2 results before the UK stock market opens on January 31st. But on January 28th its share-price hit a 52-week ‘high’ (at 804.5p) helped by some very positive sentiment from investment bankers Morgan Stanley. The bank says there’s plenty of headroom for growth, and suggests that even as high as 827p per […]
In a move that will see its Consumer Lifestyle unit focus on Health and Well-being products, Royal Philips Electronics has announced that it has signed an agreement regarding the transfer of its Lifestyle Entertainment business (Audio, Video, Multimedia and Accessories) to long-standing business partner Funai Electric Co in a €150 million cash deal. Japan’s Funai […]
Belkin is to acquire Cisco’s Home Networking Business Unit, including its products, technology, Linksys brand and employees. “We’re very excited about this announcement,” said Chet Pipkin, CEO of Belkin. “Belkin’s ultimate goal is to be the global leader in the connected home and wireless networking space and this acquisition is an important step to realising […]
Investor BlackRock has lifted its stake in the company above 10 per cent as shares rose on the launch of its new web site. Nonetheless , at 65p, shares in the advanced video search engine are still short of last year’s 80p high. Weakness in the online advertising market, on which blinkx’s revenues depend, have […]
Miranda Technologies, a Belden Brand and global provider of integrated solutions for television broadcasters and multi-system operators, has confirmed the acquisition of Softel, aprovider of captioning, subtitling, audio and video description, interactivity and other key video technologies for broadcasters and content producers worldwide. Softel, headquartered in Pangbourne, UK, has a long history of innovation and […]
The $400 million merger of three television networks and an investment company is to create the first publicly traded TV company focused on the US Hispanic population. InterMedia Partners said this week that it had agreed to merge its Cinelatino and Intermedia Español Holdings businesses with Azteca Acquisition, a $100 million investment vehicle founded by […]
Netgem and Videofutur Entertainment Group have confirmed their approval for Netgem’s tender for 100 per cent of Videofutur, in exchange for cash or Netgem shares Netgem’s objective is to return to growth on the French home market by seizing the opportunity offered by Connected TV. This will allow Netgem to extract more value from both […]
Kabel Deutschland has submitted a remedy package for the planned Tele Columbus acquisition to the German Federal Cartel Office. These remedies are intended to overcome the concerns of the FCO as expressed in the December 2012 statement of objection, especially regarding the housing association market for TV services. Kabel Deutschland remains convinced that consumers and […]
The Boards of Directors of fixed telephony and pay-TV operator Zon Multimedia and mobile telephony company Optimus have unanimously approved the merger of Optimus into Zon. The merger is based on an exchange ratio that grants Zon a value corresponding to 1.5 times the value of Optimus. Zon will increase its share capital and issue […]
SintecMedia, the broadcast management software provider, has confirmed the acquisition of Argo Systems, a provider of business solutions to the cable network and operators industry. The deal brings together SintecMedia’s OnAir scalable, all-in-one broadcast management solution for media companies and its line of related products with Argo Systems’ management solutions exclusively designed for Pay TV […]