Harmonic is acquiring Scopus Video Networks. The acquisition will extend Harmonic's worldwide customer base and strengthen its market and technology leadership, particularly in international video broadcast, contribution and distribution markets. Under the terms of the agreement, which has been approved by the Board of Directors of both companies, Harmonic will pay $5.62 in cash for […]
Macrovision Solutions Corporation, a digital entertainment specialist, has reached an agreement to sell its TV Guide Network property to Allen Shapiro and One Equity Partners for approximately $255 million, plus up to an additional $45 million payable through earn-out provisions through 2012. The transaction, expected to close no later than April 1st, 2009, includes the […]
Research In Motion (RIM) is to acquire Chalk, a publicly-held company based in Vancouver, British Columbia, in an all-cash transaction. Chalk is the developer of Mobile chalkboard, an award-winning application suite that enables the rapid creation and secure deployment of media-rich 'Pushcasts' to BlackBerry smartphones.
BSkyB CFO Andrew Griffith has publicly stated it could make sense to buy the UK unit of Italian broadband operator Tiscali in order to increase the number of broadband households it can reach. “At the moment, we only address 9 million homes, so Sky broadband products -great value though they are – are only speaking […]
IAC/InteractiveCorp Chief Executive Barry Diller has told Reuters he expects his company will have up to $2.2 billion in cash by March 2009 and has no plans to use it for share buybacks, although he is keen for acquisitions. “My sense is that we wouldn’t be purchasers of our own stock and that’s because tomorrow […]
'Next generation guidance' company Vizimo has confirmed the acquisition of TIOTI (Tape It Off The Internet), the popular, interactive, TV social networking website. Vizimo plans to use TIOTI as a shop window in which to pioneer, demonstrate and test new functionality and tools that tie together TV, the web and, increasingly, mobile devices. TIOTI launched […]
Jupiter Telecommunications (J:COM), the largest multiple system operator in Japan has acquired 97.9 per cent of the total outstanding shares in the Jyohoku New Media. As a result of the purchase, Taito Cable Television has now become a consolidated subsidiary of J:COM. J:Com said that it expected the deal to expand its reach in the […]
On Demand Group (ODG), a subsidiary of SeaChange International, has extended its content aggregation and management services to the growing European, Middle East and Africa mobile video market with its acquisition of Mobix Interactive. Mobix is a leading provider of mobile video and TV services to some of the region’s largest carriers, including O2 and […]
IPTV platform supplier Amino Communications is to acquire Swedish vendor Tilgin AB’s IPTV set-top box (STB) division in a £2.5 million (€3.17m). The company says the purchase of Tilgin IPTV, which offers a range of H.264 HD IPTV STBs within its ‘Mood’ product line, will further enhance Amino’s award-winning product portfolio and add new software […]
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 […]