M&A
NDS goes private with News Corp and Permira
News Corp is effectively selling around half its stake in the business to Permira as part of a complex deal. News Corp currently owns 72 per cent of NDS’s equity, controlling 96 per cent of the voting rights. Under the terms of the deal, which values NDS’s equity at $63 a share, News Corp will […]
Malone plays down DirecTV-Dish merger
The merger rumour surfaced following speculation that federal officials could be inclined to support it, following their approval of the XM-Sirius satellite radio merger. DirecTV and Dish attempted to merge several years ago, but the FCC rejected it in 2002 on competition grounds. In an earnings call following release of the company’s second quarter report, […]
France Telecom for Digital Plus?
Speculation is increasingly mounting in Spain about France Telecom’s interest in acquiring Sogecable’s pay-TV unit, Digital Plus. The telco joins names such as Rupert Murdoch, Carlos Slim and Telefónica, among others, as being linked with the operation. Sogecable’s approach to France Telecom-controlled IPTV service Orange TV with the recent launch of a triple play offer, […]
NXP completes Conexant deal
With this transaction, the first for its Home Business Unit, NXP's existing set-top box (STB) and digital TV (DTV) operations will be combined with Conexant's BMP business. NXP's Home business unit adds high-performance STB system solutions for satellite, cable and IP STB, expanding its existing portfolio in terrestrial STB, IP STB and DTV. The acquisition […]
NDS reports fiscal year, goes private
The group reported revenues of $850.1 million, an increase of 20 per cent over the previous year, while operating income rose 21.8 per cent by the same comparison to reach $195.4 million. The number of active devices protected by NDS conditional access technology hit 90.3 million at the end of last June, whilst there were […]
Scopus to acquire Optibase
The acquisition of Optibase’s digital video and streaming business for 2.6 million Scopus shares amounts to 19 per cent of its share capital. The deal increases Optibase’s stake in Scopus from 36.6 per cent to 46 per cent. The companies did not disclose the price of the deal, put on the basis of Scopus’ current […]
MTG acquires Nova TV
Nova Televisia Bulgaria was established in 1994 and owns 100 per cent of Nova, the second most watched TV channel in Bulga
