Rovi Corporation has revealed that it intends to pursue the sale of its Rovi Entertainment Store business as part of its ongoing strategic efforts to focus the Company on growth opportunities related to its core enabling technologies and services. The Company has retained GCA Savvian Advisors, LLC as its financial adviser in connection with the […]
Media technology services provider Farncombe has acquired the MiriATE consumer device test automation assets following the recent liquidation of Mirifice. Farncombe will re-brand and re-launch the platform in early 2013. Farncombe has itself been using MiriATE for many years and sees demand for a number of value-added services around MiriATE, including training and scripting support. […]
The 451 Group, the corporate parent of 451 Research and Uptime Institute, has confirmed the acquisition of Yankee Group, the preeminent research, data and advisory firm equipping enterprises to profit in a mobile world, from Alta Communications, a Boston-based private equity firm. Founded in 1970 by Howard Anderson, Yankee Group emerged as an independent information […]
The disappointing financials of 2012 and the unsatisfactory bids received so far could complicate the planned sale of Telecom Italia’s media unit. According to local media reports, the full-year losses at Telecom Italia Media may have reached €100 million (€53.8 million in Q3 2012), mainly due to lower than expected revenues. This means that the […]
India’s Mumbai-based Hinduja Group is involved in due-diligence ahead of a purchase of struggling Belgian outside broadcast and facilities company Alfacam. Sources suggest they are seeking to take at least 75 per cent of Alfacam. PricewaterhouseCoopers is conducting then due-diligence and is instructed to report by January 15th. The Hinduja’s IndusMedia & Communications is likely […]
French media group TF1 and Discovery Communications have wasted no time in finalising the agreement announced December 13 and are moving forward to build a three-tier strategic alliance across Eurosport, four pay-TV channels and production. Following a favourable opinion from the employee representative bodies, the partners December 21 confirmed the signature and closing of their […]
The STB business of Motorola has gone to Arris as they beat out Pace and others with a winning $2.35 billion bid. Arris is one of those billion dollar (in fact currently about $1.75 billion market cap) that no one not in its sector has ever heard of. They are so low profile the deal […]
Portugal Telecom is investing €21 million to take a 25 per cent stake in a TV and multimedia sports platform The joint-venture will combine Sport TV Portugal, Sportinveste Multimédia (SIMM) and Publicidade de Portugal e Televisão (PPTV) into a single entity that will manage sports content on a variety of platforms, including pay-TV, mobile and […]
Broadband media technology specialist Arris Group and Google have confirmed that Arris and Motorola Mobility, a Google subsidiary, have entered into a definitive agreement under which Arris will acquire the Motorola Home business from Motorola Mobility, for $2.35 billion in a cash-and-stock transaction approved by the Boards of Directors of both companies. Motorola Mobility’s Home business delivers […]
Nielsen is acquiring Arbitron, the leading radio measurement firm, in a $1.3 billlion cash deal. The company said a combined Nielsen-Arbitron would provide a richer picture of the five hours of television programming people on average watch a day, the two hours of radio they listen to, the websites they visit and the products they […]