Chengdu Geeya Technology through subsidiary Geeya Tech will fully acquire Harvard International for 229 million yuan (€26m). Harvard International is listed on the AIM board of the London Stock Exchange. Harvard International is a major seller of set-top boxes in the UK and has been involved in the consumer electronics field for 40 years. Its […]
Broadband technology specialist ARRIS Group and digital video networking solutions provider BigBand Networks have entered into a definitive agreement whereby ARRIS will acquire BigBand Networks for a purchase price of $2.24 per share in cash. This equates to a diluted equity value of approximately $172 million, or $53 million net of estimated BigBand cash on […]
Sainsbury’s is spending £1 million (€1.15m) to buy Global Media Vault, a white-label digital entertainment distribution vendor, to power its launch in to online content retailing. The UK supermarket says the acquisition will be used to add digital content to Sainsbury’s Entertainment, the site it launched in November 2010 to sell CDs, DVDs and books. […]
Luxembourg’s M7 Group has acquired Czech and Slovak satellite pay TV platform Skylink. M7 Group, which acquired Dutch service Canal Digitaal, Flemish service TV Vlaanderen and Wallonia operator Télé Sat, is said to have paid around CZK2 billion (€80 million) for Skylink, owned by local investment group J&T. The acquisition gives M7 Group a total […]
Scripps Interactive has completed the acquisition of Virgin Media’s stake in UKTV. In completing the acquisition, Scripps Networks Interactive has acquired a 50 per cent common equity interest in the UKTV partnership and the outstanding preferred stock and debt owed by the partnership to Virgin Media. BBC Worldwide, the commercial arm and wholly owned […]
NAGRA, the Kudelski Group company, has acquired Sigma Systems’ Subscriber Information Service platform (SIS) business. As part of the business partnership, Sigma Systems will continue its product development and deployment support associated with the launch of the SIS business for NAGRA. “NAGRA is committed to enabling advanced advertising capabilities, addressability in particular, for service […]
Pendrell Corporation announced that its subsidiary, Pendrell Technologies is to acquire 90.1% of privately-held ContentGuard Holdings, Inc., a leading inventor, developer and licensor of digital rights management (DRM) and related content distribution patents and technologies. The Company will pay $90.1 million in cash to the current ContentGuard shareholders. ContentGuard and its management team will […]
DISH Network, the number two US DTH platform, has bid for Hulu to add it to a growing portfolio of content delivery platforms that includes Blockbuster. Headed by Charlie Ergen, DISH has reportedly offered more than Yahoo or Amazon with a figure said to top $1.9 billion. However, such is the frenzy for the $500 […]
The Hollywood studio where Atlanta burned in Gone With The Wind, and Citizen Kane was filmed, is up for sale. The Culver Studios, owned over the years by Cecil B DeMille, RKO, Howard Hughes and Lucille Ball’s Desilu operation and was ‘home’ to people like Joseph Kennedy, David O Selznick, and productions such as Peyton […]
China’s leading real-name social networking Internet platform Renren is to acquire 100 per cent of 56.com, a leading user generated content (UGC) online video sharing site in China in a $80 million cash deal. The acquisition is expected to be completed in the fourth quarter of 2011, subject to customary closing conditions. Founded in 2005, […]