A trio of investors, KKR & Co, Global Infrastructure Partners and Stonepeak Partners, have combined to bid for a controlling stake in Deutsche Telekom’s (DT) cellular towers subsidiary, according to Bloomberg. However, they are not alone in the bidding war. A consortium of Canadian investment firm Brookfield Asset Management and Cellnex Telecom has also made […]
Spanish regulatory body CNMC has opened a case probing a possible breach of the Telefónica and Canal+ merger conditions. Telefónica could have broken one of the obligations imposed on the company to approve the merger operation in 2015; providing information to CNMC about its premium TV offers to guarantee that third parties can match it. […]
Noting reports that Netflix may be mulling a bid for streaming platform operator Roku, Toby Holleran, Research Manager, Ampere Analysis, identifies one obvious barrier for Netflix in that it would need to raise the cash to fund such an acquisition, given that it already carries $15 billion (€14.4bn) of long-term debt, and total liabilities of […]
Limelight has completed the acquisition of Edgecast from Yahoo. The combined company will operate as Edgio. A press release from Edgio said that its solutions will “combine the power of the world’s best performing edge platform with the most complete set of capabilities for web applications, APIs and video content – continuing on its strategy […]
Viasat of California is in the process of buying London-based Inmarsat for some $7.3 billion (€6.9bn). SpaceX is formally complaining to the FCC and says that Viasat has violated FCC rules and should not be given permission to control another company’s assets. Jeff Bezos’s Kuiper Systems is also complaining to the FCC over the Viasat/Inmarsat […]
ITV has agreed to acquire a majority interest of 79.5 per cent in Plimsoll Productions, an independent producer of natural history and factual programming, for a cash consideration of approximately £103.5 million (€120.2m), valuing Plimsoll at an Enterprise Value of £131 million. Founded in Bristol in 2013, the producer is behind series including Tiny World […]
Entertainment technologist Technicolor is launching its new brand, VANTIVA, in the wake of the proposed spin-off of Technicolor Creative Studios (TCS) announced in February. The new brand will be comprised of the Connected Home and DVD Services operations. By the end of the third quarter, subject to shareholder approval, VANTIVA will also become the new […]
In a move that expands its capabilities across the advertising workflow, video advertising workflow and delivery specialist, Peach, has acquired Cape, a SaaS creative and campaign automation platform allowing teams to collaborate and efficiently publish to digital and social destinations. Michiel Blonk and Eelco Van De Wiel co-founded Cape in 2019. The company has grown […]
CleverTap, the retention cloud, has completed the acquisition of San Francisco based Leanplum, a multi-channel customer engagement platform. With this acquisition, CleverTap has strengthened its footprint in the US and Europe. CleverTap says it will combine the product stack of both organisations and extend its solutions and technology to all its customers and prospects worldwide. […]
MediaForEurope (MFE – the renamed Mediaset) has upped by 16 per cent the cash part for its bid for its own Spanish-listed subsidiary Mediaset Espana. MFE said that the share consideration was unchanged and claimed that Mediaset Espana was now recommending MFE‘s improved offer. MFE said it would offer 4.5 of its ordinary A shares […]