Smart Home Services specialist Plume and the Connected Home Division of media and entertainment technologist Technicolor are collaborating to expand rapidly the availability of advanced Smart Home Services to broadband providers and their subscribers. The partnership will enable Technicolor Connected Home to enrich its broadband Customer Premises Equipment (CPE) portfolio with Plume’s Consumer Experience Management […]
Media and entertainment technologist Technicolor has confirmed that, on the basis of information received, all resolutions required to implement the financial restructuring plan have been approved, with a very large majority, for the shareholders’ general meeting to be held today, July 20th. As planned, the first part of the new financing was concluded on July […]
Technicolor has reached an agreement with lenders to restructure itself and provide the company with some €420 million in a new financial structure. The plan is due to be endorsed on July 20th at an extraordinary general meeting. The new lenders include Bain Capital, Alcentra and BpiFrance Participations and the scheme calls for debt equalisation […]
Financially challenged Technicolor is looking to strike a conciliation agreement with its existing bankers and lenders (in France described as a SFA: Sauvegarde Financiere Acceleree) and to thus restructure its obligations. Technicolor needs a two-thirds majority agreement by its lenders in order to proceed with the SFA. Alongside the SFA the technology company is looking […]