Irdeto announced it has acquired 100 per cent of Cloakware, a privately held software company based in Virginia, USA and Ottawa, Canada. Graham Kill, CEO of Irdeto said: “This acquisition strengthens our existing content security offering, broadens Irdeto's reach across the entire content lifecycle and vertically expands our offering into new markets.” Cloakware's technology, which […]
Channel 4 is buying a 10 per cent stake in mobile ad tech firm Mobile IQ to boost its mobile advertising efforts. The two companies have been working together since February 2006, during which time Mobile IQ has deployed both Channel 4's direct-to-consumer mobile services and its mobile content portals on Vodafone and O2. Channel […]
Harris Corporation has acquired Zandar Technologies, a privately held developer and provider of high-quality multi-image display processors for television broadcast and professional video markets.
Wall Street rumours about a potential takeover of the second-biggest US satellite operator have abounded, peaking this week with TheStreet.com saying AT&T was preparing a takeover bid worth as much as $26 billion (E17.5m) and that both companies have been in talks. The reports sent Echostar's share price, depressed by recent disappointing quarterly results, soaring. […]
ROK Entertainment Group, the UK-based mobile technologies company, has acquired a 51 per cent controlling interest in Los Angeles-based Fun Little Movies (FLM) for a combination of cash and shares in the company. Under the terms of the agreement, ROK and FLM will jointly offer made-for-mobile content, such as comedy short films, to network operators […]
UK buyout firm Candover has agreed to sell Norwegian cable television company GET for 5.8 billion crowns (E0.7bn)) to a group of buyers led by rivals Quadrangle and GS Capital Partners. The private equity firm bought the business, which provides its services to 370,000 households in Oslo and Southern Norway, for 3.6 billion crowns in […]
James Murdoch has ruled out swapping British Sky Broadcasting's stake in ITV for ownership of Five, RTL's UK channel. The satellite broadcaster, which has a paper loss of about £320 million (E463m) on its 17.9 per cent stake, may be forced by the Competition Commission to sell its stake. The Commission is expected to make […]
Shareholders of Sirius Satellite Radio and XM Satellite Radio voted to approve Sirius’ proposed $13.6 billion acquisition of XM. The companies signed an agreement in February for a deal that has drawn close regulatory scrutiny. Terms call for Sirius to pay 4.6 shares for each XM share. Analysts say it may still be difficult for […]
Four buyout firms have been shortlisted in the race to buy British private equity firm Cinven’s 35 percent stake in French cable operator Numericable. The firms selected – PAI Partners, TPG Capital, Carlyle and Providence – must now submit a firm offer within a month, a fifth firm could still be added to the shortlist. […]
Deutsche Telekom has concluded an agreement with the French TDF group on the sale of T-Systems Media&Broadcast. The transaction has an enterprise value of E0.85 billion. The sale of Media&Broadcast is part of the 'Focus, fix and grow' strategy presented to the public by the Deutsche Telekom in March.