KIT digital, a cloud-based software solutions and technology services provider for multi-screen video delivery, has confirmed that it has acquired certain assets and liabilities of Sezmi Corporation, the provider of broadband-broadcast hybrid TV solutions based in Belmont, California. Sezmi pulled the plug on its consumer operation September 23. Sezmi’s subscription video service was available in […]
Thoma Bravo, a private equity investment firm, has completed the acquisition of Telestream, a provider of video transcoding and digital media software solutions. Financial details were not disclosed. Telestream’s co-founder and CEO, Dan Castles, will continue to serve as CEO for the company. “This acquisition puts Telestream in a strong position to facilitate further growth […]
Thoma Bravo, a private equity investment firm, has completed the acquisition of Telestream, a provider of video transcoding and digital media software solutions. Financial details were not disclosed. Telestream’s co-founder and CEO, Dan Castles, will continue to serve as CEO for the company. “This acquisition puts Telestream in a strong position to facilitate further growth […]
RTL Group, the European entertainment network, has confirmed it will sell its 70 per cent majority shareholding in Alpha Media Group to the Greek entrepreneur Dimitris Contominas. The transaction is subject to approval by the Greek Competition Commission and is expected to close in the first quarter of 2012. As Contominas currently owns a minority […]
Shine Group has acquired London-based ChannelFlip, which has made Internet TV shows for stars including Harry Hill and David Mitchell, in Elisabeth Murdoch’s latest move to turn the production company into a multimedia production company. As well as creating a range of online shows for TV personalities ChannelFlip also recently struck a deal with Studio […]
Sky Brazil, a subsidiary of DirecTV, in a statement says it plans to buy Acom Comunicacoes, the biggest provider of pay-TV and Internet services in Brazil. Acom uses MMDS to distribute its signals using wireless operating in the 2.5 GHz band. Sky Brazil, in a statement, said it is now seeking formal approval from local […]
In a move that recognises the growing importance of content discovery and navigation in the multiscreen entertainment age, Motorola Mobility has acquired SetJam, a television and movie directory. “Motorola and SetJam share the vision of making content delivery, discovery, and consumption seamless across any screen, and as a world leader in video technology, Motorola will […]
Australia’s Treasurer Wayne Swan has given the green light for pay-TV provider Foxtel’s $2.5 billion takeover for regional pay-TV operator Austar. Approval from the Australian Competition and Consumer Commission (ACCC) is still needed for the deal to proceed. The ACCC raised some concerns about the tie-up in a statement of issues published in July and […]
Akamai Technologies and Cotendo have signed a definitive agreement for Akamai to acquire Cotendo. Helping to mitigate the challenges of operating in a hyperconnected world, Akamai provides a secure platform over which businesses can engage users across the Web, mobile, cloud, or a mix of public and private network environments. Cotendo offers an integrated suite […]
Telestream, a provider of video transcoding and digital media software solutions, has announced that private equity investment firm Thoma Bravo will make an investment that will see them acquire the firm. The transaction will facilitate further growth of Telestream’s core businesses in addition to providing additional capital for further market expansion and acquisition. “This acquisition […]