Extending its reach into the connected TV (CTV) market, marketing platform AppLovin has reached a definitive agreement to acquire Wurl, a high-growth CTV software platform. The transaction is valued at approximately $430 million (€384m) and is subject to customary closing conditions. The acquisition will extend AppLovin’s software platform capabilities into the large and growing CTV […]
Australian satellite operator Optus is buying a Mission Robotic Vehicle (MRV), informally known as a Space Tug, in order to rescue one of its satellites. The Robotic System will come from SpaceLogistics, a subsidiary of Northrop Grumman and is planned for a SpaceX launch in 2024. The MRV varies slightly from two previous space tugs […]
Magnite, the independent omnichannel sell-side advertising platform, has announced the acquisition of Carbon, a platform that enables publishers to measure, manage and monetise audiences in real-time. Magnite saus the acquisition accelerates its seller-first, privacy-focused identity and audience solutions focused around first-party segments and bolsters the Product and Engineering teams in this critical area. The acquisition […]
Rakuten Symphony has announced an agreement to acquire Silicon Valley-based cloud technology start-up, Robin.io. Rakuten Symphony says that the addition of Robin.io’s multi-cloud mobility, hyper automation and orchestration capabilities to its portfolio allows the creation of highly efficient, consistent high performance cloud infrastructure and operations, from edge to central data centre. Collaboration between Rakuten and […]
Charlie Ergen, speaking to analysts following his company’s results announcement, said that without a merger between DirecTV and his own DISH Network the risk is that transmissions from the tow pay-TV operators “will just melt away”. Ergen repeated his previous statements that a merger was inevitable. “The regulatory reasons to not allow [a merger] don’t […]
Haivision Systems, a provider of real-time video streaming and networking solutions, has announced an agreement to acquire Aviwest. With the addition of Aviwest, Haivision say it will have a comprehensive video contribution solution portfolio to address the growing demand for live, high-quality video content in broadcast, sports, and live event production. The acquisition will bring […]
Hungarian IT and ICT company 4iG is to create what it says will be the second largest player in the Hungarian telecoms and media services market with a capital increase of HUF 402 billion (€1.13bn) into Hungarian national transmission company Antenna Hungária. This follows the agreement by Andrea Mager, Minister without Portfolio for National Assets […]
Tegna, the US broadcast, digital media and marketing services company headquartered in Virginia, and an affiliate of Standard General have entered into a definitive agreement under which Tegna will be acquired by the Standard General affiliate for $24 (€21.17) per share in cash. The transaction has an equity value of approximately $5.4 billion and an […]
Connected TV technology provider Sabio has entered into a definitive asset purchase agreement to acquire all of the assets of US-based CTV supply side platform Vidillion in a combined stock-and-cash transaction. The Acquisition will be an Arm’s Length Transaction, as such term is defined in the policies of the TSX Venture Exchange. The Acquisition is […]
Orange Spain did not have a prosperous 2021. Its latest results reveal that in 2021 its revenues fell by 4.7 per cent to €4.72 billion with EBITDA dropping by 12.7 per cent to €1.2 billion. The company saw its revenues per service fall by 8 per cent to €3.19 billion. Revenues per convergent offer also […]