Satellite operator Eutelsat confirmed that it is also interested in buying the HellasSat 2 craft from its Greek/Cyprus owners. Eutelsat CEO Michel de Rosen added his company’s support for the satellite to that of arch-rival SES’s Romain Bausch who expressed a similar view last week. De Rosen, speaking July 31st to investment analysts, made it […]
Allot Communications, a provider of service optimisation and revenue generation solutions for fixed and mobile data networks worldwide, has signed a definitive agreement to acquire Oversi Networks, a global provider of rich-media caching and content delivery solutions for Internet video and peer-to-peer (P2P) traffic. “The acquisition of Oversi is another step in realising our Service […]
Arqiva Broadcast Holdings’ all-cash offer to buy Spectrum Interactive has been declared unconditional. Just over 94 per cent of Spectrum’s shares had accepted Arqiva’s terms. In essence, Arqiva offered £23.4 million to buy Spectrum, a UK supplier of WiFi hot-spot technology and facilities. The deal makes Arqiva, already the dominant supplier of TV bandwidth in […]
Modern Times Group (MTG), the international entertainment broadcasting group, has signed an agreement to acquire 80 per cent of Zitius Service Delivery from Quadracom AB for an undisclosed cash consideration. The agreement also provides for the acquisition of the remaining 20 per cent of Zitius in 2016. Zitius is Sweden’s leading independent Open Access Communications […]
The anticipated merger between Spain’s Antena 3 TV and La Sexta will not now take place following tough conditions imposed by the national competition authority on the operation. La Sexta has ruled out the merger, accusing the CNC (National Competition Commission) of favouring Mediaset and Cuatro – the leading TV group in Spain following their […]
Sky is to establish a new distribution arm to market the international rights to its originated content. As part of the move, Sky has completed the acquisition of Parthenon Media Group, an independent international distribution and multi-media rights management company. In line with Sky’s on-going commitment to increasing its investment in original content, the creation […]
Online video platform Brightcove has reported Q2 revenues of $21.6 million, up 41 per cent year-over-year, and the company ended the quarter with 4,697 customers using its Video Cloud and App Cloud platforms, up 43 per cent year-over-year. “We are pleased with our second quarter results, which exceeded our guidance on both the top and […]
Hot on the heels of Dolby Labs’ purchase of a Spanish rival comes news that film and TV audio specialists DTS has wrapped its purchase of SRS Labs. Both companies are NASDAQ registered, with SRS now ceasing its listing. DTS announced its SRS buy back in April in a deal worth some $148 million, and […]
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of pay-TV technology specialist NDS Group by Cisco Systems. The Commission’s investigation confirmed that the merged entity would continue to face competition from a number of strong competitors and that customers, namely pay-TV providers, would continue to have alternative suppliers in all […]
Any prospects of a merger, acquisition or other co-operation between Scandinavia’s two major pay-TV players was firmly ruled out as unlikely by the CEO of Modern Times Group/ViaSat’s Hans-Holger Albrecht. Albrecht, quoted by Bloomberg, said he was more focused on expanding MTG/ViaSat’s asset base in eastern Europe and Africa and to also expand ViaSat’s on-line […]