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 […]

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 […]