Sigma Designs and CopperGate Communications have entered into a definitive agreement for Sigma to acquire CopperGate in a cash and stock transaction with an agreed value of $160 million, net of CopperGate’s cash at the closing of the transaction. CopperGate is a provider of silicon-based modem solutions enabling distribution of broadband digital content over all […]
Cisco is buying Starent Networks a supplier of IP-based mobile infrastructure solutions targeting mobile and converged carriers. Cisco will pay $35 per share for an aggregate purchase price of approximately $2.9 billion. The acquisition has been approved by the boards of directors of both companies.
From David Del Valle in Madrid Telefonica and Berlusconi-controlled Mediaset may join forces to acquire Sogecable, owner of pay-TV platform Digital Plus and commercial TV channel Cuatro, say reports in Spain. The Italian TV group would be looking to integrate Cuatro with Tele 5, controlled by Mediaset and currently leading the audience ratings. Sogecable has […]
NXP Semiconductors will take a majority stake in Trident Microsystems Inc. in a deal that combines Trident with NXP’s business of selling chip sets for televisions and set-top boxes. The two companies said that privately-held NXP will receive a 60% equity stake in Trident. NXP will get newly issued shares along with a purchase of […]
From Colin Mann in Cannes KIT digital, a leading global provider of on-demand software solutions for managing and monetising Internet Protocol (IP)-based video assets, has reached deals to acquire two of its leading competitors, Nunet of Cologne, Germany and The FeedRoom, based in New York City. The aggregate consideration paid for Nunet and The FeedRoom […]
The Kudelski Group is renewing its attempt to take full ownership of OpenTV with a higher offer valuing the interactive TV software maker at $215 million. The deal offers OpenTV shareholders $1.55 per share for the 108 million outstanding shares that Kudelski does not already own. In February Kudelski, which currently owns 27% of OpenTV’s […]
General Electric is said to have sounded out Comcast, the US cable operator, over the sale of at least part of NBC Universal if Vivendi decides to divest its 20 per cent holding in the group that it controls. While Comcast denies any deal is in place, the move underlines General Electric's expectation that Vivendi […]
Cisco is to acquire Tandberg for $2.96bn. The Norwegian public corporation is the world's biggest maker of videoconference equipment and was the mother company from which Tandberg Television (now owned by Ericsson) was spun off in the 1990s.
Virgin Media has published a copy of its prospectus for listing and trading on the main market of the London Stock Exchange by way of a secondary listing. It is expected that admission will become effective, and that dealings on the main market of the London Stock Exchange under the ticker symbol ‘VMED’ will commence, […]
Rupert Murdoch, James Packer and Kerry Stokes may vie for Australia's biggest pay-television network after the government said Telstra may have to sell its 50 per cent stake in Foxtel. Telstra may be barred from buying new wireless licences unless the telco sells the Foxtel stake and separates its retail and network divisions, the government […]