German cable network operator Kabel Deutschland is weighing up competitor Tele Columbus as a potential takeover target, German newspaper FAZ has reported. Kabel Deutschland are studying Tele Columbus’s accounts, the newspaper reports. Two years ago the company nearly collapsed under the burden of its debts but was able to continue following a partial debt waiver […]
Scripps Networks is to acquire Travel Channel International Limited (TCI), the UK company that distributes the Travel Channel brand in 20 languages across Europe, Africa, Middle East and Asia Pacific regions. The company produces and commissions original travel programming for distribution in 91 countries. Scripps Networks Interactive will pay £65 million (€78m) to acquire TCI. […]
SeaChange International is selling its broadcast server and storage business so the Company to focus on its core software and services operations including its next generation back office, video streamers, gateway software and advertising solutions. The sale to a group of financial investors, led by a leading US-based venture firm. The new, independent company will […]
The Greek/Cyprus-owned HellasSat will be sold within the next six months, confirmed OTE (Greece’s publicly-owned telco). OTE’s chief executive Michael Tsamaz, in a local interview, said selling HellasSat was a priority and analysts suggest the sale would benefit OTE by between €100 million-€150 million. HellasSat operates from 39 degrees East, with its HellasSat-2 craft which […]
NDS and Cisco have confirmed the latter’s $5 billion purchase of the CA and DRM specialist. In 2009, News Corp and private equity company Permira paid $3.6 billion to take the firm private – 51 per cent had been floated, netting News Corp $1.2 billion in 2008. NDS was an Israeli start up bought by […]
Leading Canadian telco Bell is actively pursuing its strategy of delivering the best content across every broadband screen in Québec by acquiring Québec’s leading media company Astral in a $3.38-billion deal. Astral’s broad national media portfolio includes top-tier TV, radio, digital and out-of-home properties. The move follows its 2011 acquisition of CTV, Canada’s leading commercial […]
In a move aimed at expanding its ability to transform how service providers and media companies worldwide deliver next-generation video experiences to subscribers, Cisco has announced its intent to acquire video software and content security solutions specialist NDS. Cisco says the acquisition of NDS will complement and accelerate the delivery of Videoscape, its comprehensive platform […]
In a move aimed at positioning it as a leading provider in managed services for broadcasters, Ericsson is acquiring the broadcast services division of media and entertainment technology specialist Technicolor in a €19 million deal. The closing of the acquisition is subject to relevant customary regulatory administrative approvals and consultations. The acquisition will bring approximately […]
Chinese Internet television company Youku and Internet video company Tudou Holdings have signed a definitive merger agreement for Tudou to combine with Youku in a 100 per cent stock-for-stock transaction. Upon completion, the combined entity will be named ‘Youku Tudou Inc’. Youku’s ADSs will continue to be listed on the NYSE under the symbol ‘YOKU’. […]
CNN is said to be in “advanced talks” over a potential buyout of social media blog Mashable. Reuters says CNN is negotiating with the seven-year-old social-media-focused website over a potential acquisition. If it went through the news site would be CNN.com’s largest acquisition to date, having bought iPad magazine publisher Zite, whose app determines what […]