UK independent online entertainment retailer ShopTo.net has acquired VoD streaming service FetchTV. The acquisition is subject to customary closing conditions and is expected to close in May 2012. FetchTV brings SmartBox set-top box technology and the FetchTV streaming and movies on demand expertise. FetchTV boxes are sold by the likes of Tesco, Currys and PC […]
Deutsche Telekom may bid for regional cable company Tele Columbus – Germany’s third largest cable provider with 3.7 million connected households – to shore up its position in its key home market against competition from rivals Liberty Global and Kabel Deutschland, according to Reuters. By acquiring Tele Columbus, Deutsche Telekom would prevent it from falling […]
Aster Cable, a failing cable company in the Dominican Republic, was recently sold via auction to Consorcio Energético Punta Cana-Macao (CEPM). CEPM paid US$27 million for the business, although most observers expected the sale to achieve around US$44 million. Aster had been in administration for the past three years. Now the local Justice and Transparency […]
The Australian Competition and Consumer Commission will not oppose the proposed A$1.9 billion acquisition of Austar by Foxtel after accepting court-enforceable undertakings from Foxtel. Austar shareholders voted March 30 to approve the deal. “This is a great outcome for consumers because we will now be able to create a company of scale that will deliver […]
Canal Plus has proposed to the Competition Authority seven commitments over three years in the hope the regulator will grant permission for its acquisition of Bollore’s free-to-air TV channels Direct 8 and Direct Star. C+ proposals include non-discrimination for advertising and broadcasting rights for Studio Canal films, separate negotiations between its premium and free-to-air […]
Infrastructure and application provider Genband has announced that it has closed a deal to acquire Aztek Networks, a leading supplier of switch consolidation and network migration solutions. “The Aztek acquisition strategically enhances our network transformation capabilities with both innovative technology and talent,” said Charlie Vogt, president and CEO of Genband. “We welcome Aztek customers, employees […]
Royal Philips Electronics has announced the creation of a joint venture with TPV Technology Limited of Hong Kong. The JV will be called TP Vision and will be 70 per cent owned by TPV and 30 per cent by Philips. TP Vision will develop, manufacture and market Philips branded TV sets. TP Vision, with headquarters […]
A week after announcing its divestment of its broadcast business, video-on-demand specialist SeaChange has said it will sell its services business On Demand Group, in order to concentrate on its software. Speaking at the release of the company’s results CEO Raghu Rau said the company will seek a buyer for all its media services business. […]
The Australian Competition and Consumer Commission has delayed its decision on the Foxtel-Austar merger pending further discussions with Foxtel, reports The Australian. The move comes in the wake of protests from Telstra competitors who complained the deal gave Telstra a free hand in the emerging IPTV sector. Other competitors complained the wording of the undertakings […]
Cisco has announced its intent to acquire privately held ClearAccess, a Vancouver based company that provides TR-069-based software to service providers for the provisioning and management of residential and mobile devices. This acquisition includes ClearAccess’ software business and talent. The hardware portion of ClearAccess’ business, Smart RG Gateways, will continue forward as SmartRG. Cisco and […]