Nova Televisia Bulgaria was established in 1994 and owns 100 per cent of Nova, the second most watched TV channel in Bulga

“The investment allows us to act on a global basis,” said John Gardner, partner at Nokia Growth Partners, adding the firm aims to invest into 8 to 10 new firms each year. The venture arm plans to establish direct operations in India and China with the funds. Meanwhile, Google is also considering establishing an investment […]

Sirius plans to issue about 262 million shares, with about 184 million offered at a fixed price of $1.50 per share, compared with Monday’s closing price of $1.88 a share. The remaining 78 million are expected to be offered later. The company is paying $2.76 billion for XM. Sirius also said XM had earlier made […]

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 País, 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 […]

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, […]