Teracom has become the sole shareholder of Boxer, the Swedish DTT operating company, after buying out the 30 per cent of private equity firm 3i. Crister Fritzson, CEO of Teracom, who previously held the same position with Boxer said there would be no change of direction. “Teracom has always been the main shareholder in Boxer […]
Japanese electronic rivals Panasonic and Sanyo are starting alliance talks, which could result in Panasonic taking over the smaller company. Panasonic said it wanted to make Sanyo its subsidiary, effectively creating Japan’s largest electronics maker. Sanyo has been facing problems in recent years, cutting thousands of jobs and selling unprofitable operations. “Panasonic and Sanyo will […]
Sky is reportedly in exclusive talks to acquire Tiscali's UK business. Sky has tabled an offer of £450m (E571m) for the UK business after last rival Carphone Warehouse pulled out of the auction The acquisition would be a major boost to Sky's broadband services, making it the third largest provider after BT and Virgin Media. […]
Central European Media Enterprises (CME) has confirmed that it has completed the purchase of the remaining 10 per cent of the Studio 1+1 group following the exercise of its call option. CME now owns 100 per cent of the Ukrainian television station.
Telecom Italia Media (TI Media) has agreed to sell its pay-per-view activities to Swedish group Airplus TV. The Italian operator will spin off the activities into a new subsidiary controlled by Airplus and in which TI Media will continue to hold 9 per cent. Telecom Italia will also provide bandwidth for transmitting the pay-TV channels […]
Espial, specialist in the delivery of IPTV middleware and applications, is to acquire all of the outstanding shares of IP video delivery outfit Kasenna in exchange for an aggregate of 4,722,224 Espial common shares.
Thomson is selling the Thomson Grass Valley digital film transfer equipment business to private investors led by PARTER Capital Group, a German private equity firm.
Royal Philips Electronics has assumed full ownership of its former joint venture Teletrax, the world's first global broadcast intelligence company. Philips plans to combine Teletrax
The combination of both systems gives advertisers the opportunity to leverage the advertising ecosystem by addressing VOD users and customers with targeted real-time advertisements. Operators are thus enabled to generate new and additional revenue streams from their existing Video on Demand offerings – while digital subscribers enjoy a pure VOD entertainment experience, combined with contextually […]
Unless a deal is struck Gilat's board of directors will meet this weekend to decide whether to continue negotiations or sue the investors who agreed to take the company private for $475m, or $11.40 per share. If Gilat opts to go to court, as many other spurned takeover targets have in the past year, it […]