The Ministry of Information and Communication (MIC) in Korea has approved the acquisition of Hanaro Telecom by SK Telecom. SK won a 1.090 billion KRW bid for the company late last year, which was subject to the approval of government antitrust regulators. Hanaro had been rumoured to be an SK takeover target for the last […]

OmniGlobe Networks, specialist in delivering cellular, broadband Internet and VoIP services, has acquired Bandwidth Technologies International Group Limited (BTIG), the UK based international provider of satellite communications systems. OmniGlobe Networks, the privately held Canadian group, acquired the entire equity of BTIG – including its principal trading subsidiary L-TEQ Limited. BTIG will become the operations and […]

From David Del Valle in Madrid The Spanish state-owned group, RTVE -that operates the terrestrial TVE 1 and La 2- and the incumbent telco Telefonica have signed a 3-year strategic agreement to promote and develop joint multimedia projects through all existing distribution platforms. The agreement, signed by the presidents of the companies, Luis Fernández and […]

In a move aimed at strengthening its ability to process audience measurement data from set-top boxes, The Nielsen Co. has acquired Audience Analytics and its Audience Watch software. Nielsen said the Audience Watch software will become the primary delivery mechanism for the company's Nielsen DigitalPlus product line, providing analytics on tuning and interactive television usage, […]

According to the WSJ, Rupert Murdoch's News Corp has joined the fight for control of Yahoo. The idea seems to be Yahoo will combine with News's Myspace business and News will take at least a 20 per cent share in the combined business. The deal might well make sense for News Corp; MySpace which it […]

Yahoo has bought Maven Networks a provider of online video technology for about $160 million to expand its ability to sell advertising alongside Web clips. The deal will help Yahoo and its network of Web partners deliver video to sites and sell advertising within and around the clips, in a challenge to the Internet video […]

Vocento has revealed that Disney has agreed to acquire 20 per cent of the Spanish media group’s Net TV unit for around E27 million. In a statement, Vocento said the sale is part of its 2008-10 strategy plan to consolidate its position as a Digital TV provider. After the sale, Vocento will hold 55 per […]

Pay-TV sports broadcaster Setanta Sports was at the centre of takeover speculation after reports of a £1 billion-plus (E1.4bn) offer for the business. The Irish company received the unsolicited approach from a unnamed European media company and the interest could spark a flood of rival offers, reported the Sunday Telegraph. BT, Virgin Media and US […]

Yahoo’s board is expected to officially reject Microsoft’s takeover bid concluding the $44.6 billion offer “undervalued” the company, and want an offer equivalent to $40 a share, rather than the $31 offered by Microsoft. The company’s share price has increased so much since the offer was made that Yahoo’s market value now exceeds Microsoft’s offer, […]

The Kudelski Group, specialists in CA, have agreed to acquire EmbedICs, a US-based embedded software, cryptography and fabless semiconductor design firm.