ARRIS is going to acquire Pace plc for $2.1 billion in stock and cash to create a company of 8,500 employees that, according to Daniel Simmons, the Director of Connected Home Analysis at the research and consulting firm IHS Technology, will be the world’s largest supplier of set-top boxes, broadband gateway and cable TV technology. He says the combined 2014 revenues of the two companies (US$ 7.9 billion) make it twice the size of its nearest competitor, Cisco’s Service Provider Video business unit. ARRIS says the move will accelerate its growth strategy, enable its large-scale entry into the satellite segment, broaden its product portfolio and enhance its international presence.
As expected, Comcast (NASDAQ: CMCSA) has announced that it’s ending its $45.2 billion quest to buy Time Warner Cable (NYSE: TWC).
The Prague Municipal Court has ruled against the streaming service TV4You in a dispute with TV Nova, the Czech Republic’s leading broadcaster.
In what must be another nail-biting period for Telenor Satellite Broadcasting’s upcoming launch of its important Thor-7 satellite, the planned April 24th launch has been scrapped.
I think it’s fair to say that big business has had a relatively smooth ride over recent years, allowing the growth of massive virtual monopolies such as Google, YouTube, Comcast and Sky (when I was at school the definition of a monopoly was a company with more than 25% market share, although that would be considered a pittance these days).
Comcast has decided to withdraw its $45.2 billion offer for Time Warner Cable (TWC) after failing to convince the FCC and other regulators.
Brazil’s TIM telco (a 67 per cent-owned subsidiary of Telecom Italia Mobile) is readying for 4K transmissions. Its latest ‘Live Blue’ set-top box will be upgraded to allow for 4K-quality signals.