Nokia will pay $410 million (E263m) for the 52 per cent of shares in Symbian it doesn't already own. Symbian’s software is used in two-thirds of smartphones and six percent of all mobile phones, but new platforms such as Google’s Android and Apple’s iPhone could challenge its dominance. The Symbian software will now be made […]
From David del Valle in Madrid The Spanish media group Prisa, owner of the newspaper El PaÃs, is taking full control of the TV company Sogecable, owner of Digital Plus, Canal Plus and Cuatro, by acquiring the remainder 2.29 per ceny shares to reach 100 per cent for E75.5 million. The move paves the way […]
Conax AS, the CA provider that is part of Telenor, has entered a contract to purchase 100 per cent of Secustream Technologies AS. Secustream delivers anti-pirate software solutions for interactive TV, including IPTV, PC-TV and web-TV. Secustream was founded by NTNU (Norwegian Technological University) and Telenor in October 2006, and has been financed by Proventure […]
Viaccess, a France Telecom subsidiary, has announced the closing of the acquisition of the Orca Interactive. The acquisition of Orca Interactive is part of Viaccess's strategy to supply its customers with a complete offer of services and integrated products for broadcast-IPTV applications.
Conax AS, the CA provider that is part of Telenor, has entered a contract to purchase 100 per cent of Secustream Technologies AS. Secustream delivers anti-pirate software solutions for interactive TV, including IPTV, PC-TV and web-TV. Secustream was founded by NTNU (Norwegian Technological University) and Telenor in October 2006, and has been financed by Proventure […]
News Corp has upped its holding in the German pay-TV platform to 25.01 per cent. This is up from 22.7 per cent and follows the company progressively increasing its holding since January when it paid E287 million for a 14.58 per cent stake previously held by Unitymedia. News Corp executives Mark Williams and Tom Mockridge, […]
Sir Run Run Shaw, the centenarian founder and chairman of Hong Kong based Television Broadcasts, is in talks to sell his stake in the world's leading Chinese language broadcaster and has attracted interest from private equity groups including Bain Capital and Blackstone. TVB is by far Hong Kong's dominant TV station, with a big presence […]
US broadcaster CBS has beefed up its Internet presence with the $1.8 billion purchase of Cnet Networks, the network of technology and entertainment focused websites. CBS said the deal would make it one of the 10 most popular Internet companies in the US, with a combined 54 million unique users per month, and approximately 200 […]
From David Del Valle in Madrid Prisa's takeover of Sogecable, owner of Digital Plus and Canal Plus, has lead to reports of four candidates in play to buy the DTH platform Digital Plus, which has two million subs. The likely buyers are seen as Telefonica, News Corp, Vivendi and the Mexican TV mogul Carlos Slim. […]
Vodafone has emerged as a surprise frontrunner to acquire Tiscali after submitting a £1.1 billion (E1.37bn) bid for the group. A possible deal would give Vodafone a fixed-line broadband presence in the UK, and allow it to merge Tiscali’s Italian operation with its Tele 2 business there. BSkyB, BT, Swisscom-owned Fastweb, and Italian mobiles group […]