Cisco has confirmed its intent to acquire privately held MOTO Development Group, a design consulting firm that develops products and product strategies for the consumer industry. Based in San Francisco, MOTO’s talent base will enable Cisco to rapidly enhance its consumer product development road map. “Consumers have embraced our Flip VideoValet and Linksys product lines […]
Harmonic's planned $274 million acquisition of media server and storage specialist Omneon confirms forecasts that the recovery in the professional media industry is under way, according to a report published by Strategy Analytics and D. I. S. Consulting. The report also concludes that further deals should be expected from Harmonic as it seeks to add […]
Telenor Broadcast has bought a 35 per cent stake of Scandinavian pay TV operator C More Entertainment which provides channels under the Canal + brand. Telenor will buy SEK787 million (E81m) of shares through a new issue. As part of the deal some sports rights owned by Telenor, such as the FIFA World Cup 2010 […]
New JV partners in the UK's biggest mobile network have announced the holding company will optimistically be called 'Everything Everywhere' and, as usual, the name is surrounded by TMs as though putting these words together was an original thought they can now protect. Thankfully, Orange and T-Mobile will continue as separate brands in the market […]
Harmonic and Omneon have confirmed the signing of a definitive agreement in which Harmonic would acquire Omneon for some $274 million in cash and Harmonic stock. The proposed acquisition would combine Harmonic's position in video delivery infrastructure with Omneon's technology for the production, management and distribution of digital media. “This proposed combination will position Harmonic […]
CNN, part of Time Warner, and CBS News have rekindled discussions to strike a news-gathering partnership for the third time over the last 13 years. A partnership would aim to defray the high cost of news gathering at a time when viewers have flocked to less objective channels such as MSNBC and Fox News, or […]
News Corp has acquired Irata Labs, a developer of social games across Twitter and Facebook. It seems Irata will be tapped to work with various News Corp. holdings when needed, rather than folded into MySpace or News Corp's existing games companies. At the moment, the company says it's developing a location-based platform for social gaming. […]
From David Del Valle in Madrid Mediaset-controlled Tele 5, Spanish biggest private TV broadcaster, has signed an agreement with media company Prisa to take over commercial TV channel Cuatro and acquire a 22 per cent stake of digital DTH platform Digital Plus. Tele 5 is paying E491 million to Prisa in cash for the Digital […]
OpenTV has completed the previously announced acquisition and OpenTV is now fully owned by the Kudelski Group. In a statement, The Kudelski Group said that it “sees a significant potential in the integration of the teams and product roadmaps of both OpenTV and the Kudelski Group's digital television division. A unified market vision will allow […]
The owner of Channel Five, RTL, is reported to have made a renewed approach to Channel 4 about a possible commercial tie-up between the two UK broadcasters. RTL chief executive Gerhard Zeiler, who recently admitted that Five’s value lay as an asset in the expected consolidation of the UK TV market, is said to have […]