The Kudelski Group announced the acquisition of EDSI, a leading provider of secure smartcard solutions for Pay TV and banking applications. EDSI is located in France. It was established in 1990 and currently employs about 30 people. EDSI has an R&D centre specialized in the development of high security software solutions for Digital TV, mobile […]

AOL, the Internet arm of Time Warner is set to pay $850 million to acquire social media network Bebo, which has total global membership of more than 40 million. Bebo is one of the largest social networks in UK, and is ranked number one in Ireland and New Zealand and number three in the US, […]

Sony Pictures Entertainment is making an offer of E156 million for Dutch entertainment company, 2waytraffic the company which creates, produces, licenses and distributes light entertainment content across television, mobile and digital platforms. The acquisition will enhance Sony Pictures' global capabilities in the light entertainment market, which includes game shows, reality programming, variety shows, quiz shows […]

Google has completed its $3.1 billion acquisition of online advertising group DoubleClick after receiving the green light from European competition authorities, setting the stage for a broader push into the online display advertising market. The clearance also increased the likelihood that a future acquisition of Yahoo by Microsoft would also pass regulatory scrutiny, since Google […]

Modern Times Group (MTG), the international entertainment broadcasting group is selling national Russian free-to-air television network 'DTV Group' to CTC Media for approximately $395 million on cash. MTG owns 39.5 per cent of CTC Media, which is Russia's largest independent television broadcaster. The transaction is subject to approval by the relevant regulatory authorities.

France Telecom subsidiary Viaccess has agreed to acquire 100 percent of Israel’s Orca Interactive for $21.4 million. Orca Interactive, a subsidiary of telecom group Emblaze, develops software for IPTV. It has gross assets of $15.9 million and posted a net loss of $4.3 million in 2007. Emblaze said the deal is worth about 59 cents […]

Entriq, the CA / DRM company, has signed a definitive agreement to acquire DayPort, a player in video publishing, content, workflow, and syndication solutions.

BesTV, China’s largest provider of IPTV, has agreed to sell a 40 per cent stake to Chinese PC maker Tsinghua Tongfang for 150 million yuan (E13.9m). BesTV, a Web TV service run jointly by Shanghai Media Group and fixed-line telecoms carrier China Telecom Corp, said in a statement Tsinghua’s strong market position would help expand […]

XM Satellite Radio and Sirius Satellite Radio extended their merger agreement until May 1, agreeing not to exercise their right to terminate the deal. There had been a March 1 trigger for unwinding the proposal if it had not received an OK from the JJustice is expected to come first, but FCC chairman Kevin Martin […]

News Corp has confirmed the completion of an approximate $11 billion deal that gives Liberty Media control of the DirecTV satellite television business. As part of the deal, Liberty has agreed to exchange the 16 per cent stake it had built up in News Corp for the company's 41 per cent holding of DirecTV, three […]