Set-top box maker Pace said it was confident in meeting City expectations for 2009, thanks to ongoing strong demand. The company, which confirmed it expected to meet 2008 forecasts, said it was continuing to take a prudent view of the market given the global economic downturn. Pace had previously said that the strong dollar would […]

Richard Li, chairman of PCCW, and his Chinese state-controlled partner have raised their offer to take the Hong Kong telecoms company private in an 11th-hour bid to win over disgruntled minority shareholders. Just before a meeting at which PCCW shareholders were expected to reject an initial buy-out proposal priced at HK$4.20 a share, Li and […]

Harmonic is acquiring Scopus Video Networks. The acquisition will extend Harmonic's worldwide customer base and strengthen its market and technology leadership, particularly in international video broadcast, contribution and distribution markets. Under the terms of the agreement, which has been approved by the Board of Directors of both companies, Harmonic will pay $5.62 in cash for […]

Colette Bowe has been confirmed as the next chairman of media regulator Ofcom. Bowe, currently an Ofcom board member, will replace David Currie, who is stepping down at Easter next year after being in the job for six years, since the regulator was set up. Bowe was appointed as chair of Ofcom’s advisory consumer panel […]

The European Commission says one year after the entry into force of a new EU Directive meant to liberalise TV rules and remove outdated and bureaucratic restrictions on the provision of digital TV over the Internet, video on demand and mobile TV in Europe, EU Member States have made little progress in adapting national rules. […]

Macrovision Solutions Corporation, a digital entertainment specialist, has reached an agreement to sell its TV Guide Network property to Allen Shapiro and One Equity Partners for approximately $255 million, plus up to an additional $45 million payable through earn-out provisions through 2012. The transaction, expected to close no later than April 1st, 2009, includes the […]

Frontier Silicon has announced its founding membership of the Internet Media Device Alliance (IMDA), to be launched at next month's Consumer Electronics Show in Las Vegas. Frontier's CEO, Anthony Sethill, has been appointed to serve on the steering committee of the new association. IMDA aims to develop and promote a set of open standards and […]

The UK government is considering four options to solve Channel 4’s funding crisis, including privatisation and a potential tie-up with BBC Worldwide. Lord Carter, minister for communications, technology and broadcasting, is likely to outline his proposals when the interim report of his Digital Britain panel is published at the end of January. Ofcom is scheduled […]

The first global standard offering an in-home, high-speed network capable of delivering room-to-room HDTV has been agreed by ITU. The standard, published under the G.hn banner, promises high quality multimedia over power, coaxial, phone and other home network wiring. It will give up to 20 times the throughput of existing wireless technologies and three times […]

Research In Motion (RIM) is to acquire Chalk, a publicly-held company based in Vancouver, British Columbia, in an all-cash transaction. Chalk is the developer of Mobile chalkboard, an award-winning application suite that enables the rapid creation and secure deployment of media-rich 'Pushcasts' to BlackBerry smartphones.