Integrasys, a specilaist in software satellite communications solutions, has announced the acquisition of Sciurus, a Spanish technology company known for its innovation, and intellectual property with state-of-the-art prototypes. Integrasys says this strategic move marks a significant step in its expansion plan, which has been steadily unfolding since 2017. The integration of Sciurus and its know-how […]
SatixFy Communications, a specialist in next-generation satellite communication systems based on in-house-developed chipsets, has announced a $60 million (€55.5m) transaction with MDA, a provider of advanced technology and services to the rapidly expanding global space industry. The strategic transaction establishes cooperation between the companies, to utilise SatixFy’s digital payload chip based technology to advanced digital […]
The Weather Company, which owns The Weather Channel, has announced it is selling its digital assets to Private Equity investors. IBM is the current owner of The Weather Channel and is selling the channel’s digital spin-off services. IBM has owned The Weather Channel since 2016. The digital elements are being acquired by Francisco Partners. IBM […]
Microsoft has submitted a new deal for review by the UK’s Competition and Markets Authority (CMA) following confirmation that its original deal to acquire Activision had been blocked to protect innovation and choice in cloud gaming. In an unusual step, Microsoft had sought to revisit the CMA’s original prohibition decision, arguing that blocking the original […]
Eutelsat has set September 28th for an Extraordinary General Meeting of shareholders designed to vote on the proposed merger between itself and OneWeb. The meeting will be held in Paris. The merger scheme was announced in July 2022. The other regulatory hurdles have been completed satisfactorily. OneWeb’s shareholders have already voted in favour of the […]
EchoStar, in the process of being merged with satellite pay-TV operator Dish Network, could be facing a Class Action of investors who are dissatisfied with the merger plan. Lawyers for the Action are saying the investigation concerns whether the EchoStar board breached its fiduciary duties to shareholders by failing to conduct a fair process prior […]
Canal+ Group has taken full ownership of SPI International, the European broadcast and streaming operator behind brands including FilmBox, FightBox and Dizi. The French mass media company initially acquired a 70 per cent stake in SPI in September 2021, but announced in April 2023 that it would be buying up the remaining 30 per cent […]
BAE Systems, part of British Aerospace, is looking to buy US-based aerospace giant Ball Corporation’s Aerospace division for $5.55 billion (€5.11bn). The intention, says BAE, is to strengthen its position in space activity and related technologies. Colorado-based Ball will allow BAE to align with the priorities of US intelligence and department of defence needs, leading […]
Paramount Global has reportedly abandoned plans to sell a majority stake in BET Media Group, which includes the BET cable networks, BET+ streaming service and VH1. The company notified bidders on August 16th that it has decided to end the sale process as a sale would not result in any meaningful deleveraging of its balance […]
India’s Securities and Exchange Board of India (SEBI) will complete its investigation into the case pertaining to Zee Entertainment Enterprises Ltd owners Subhash Chandra and Punit Goenka within 8 months, SEBI Chairperson Madhabi Puri Buch said in a revised order. Until the investigation is complete, Chandra and Goenka will not hold any directorial positions in […]