tag: acquisition

Pace STB

Arris to acquire Pace for $2.1 billion

US video and broadband technology player Arris is acquiring UK set-top-box maker Pace for $2.1 billion, in a bid to not only dominate the STB market but strengthen its cloud content and cable infrastructure operations.

Vodafone building 2

Vodafone linked with Altice Portuguese cable assets

Following the recent European Commission approval of the Portugal Telecom acquisition by French telco giant Altice, speculation is growing regarding the likely buyers of Altice’s other Portuguese assets, the disposal of which was a prerequisite of the approval.

BASE logo

Liberty Belgian subsidiary Telenet acquires BASE from KPN for €1.3 bn

US telco multinational Liberty Global has announced its Telenet Belgian subsidiary is acquiring Belgian mobile network operator BASE Company from Dutch telco KPN for €1.325 billion. Liberty has positioned the acquisition as a “unique opportunity to drive mobile services on attractive financial terms”.

Fibre Optic Network Broadband Super Fast Optical (2)

Infinera bids to acquire Transmode in optical power play

Optical networking vendor Infinera has announced its recommended public offering to acquire all shares of Transmode AB. Transmode, a Swedish firm, specialise in metro packet optical infrastructure, which Infinera is targeting in order to flesh out its holistic optical networking portfolio of products.

Vivendi logo

Vivendi considering Sky acquisition – report

French media conglom Vivendi has been linked with a takeover of European pay TV giant Sky, in a deal that could be worth as much as £28 billion (US$41.8 billion), reports TBI Vision.

cloud virtualization nfv sdn - 1

Cisco enhances NFV offering with Embrane acquisition

Networking giant Cisco announced its intent to acquire network function virtualisation (NFV) and Cisco tech specialist Embrane for an undisclosed sum this week, a move intended to bolster the company’s networking automation capabilities, reports Business Cloud News.

Cable and wireless

CWC acquires Columbus in Caribbean quad-play crusade

UK-headquartered international operator group Cable & Wireless Communications (CWC) has announced it has finalised its acquisition of Barbados-based telco conglomerate Columbus for $1.85 billion. However, the firm admitted it is still waiting for regulatory approval in some of Columbus’s operating markets.

o2

Hutchison and Telefónica confirm O2 acquisition

Consolidation is the new black in the UK mobile market, as Telefónica has confirmed the sale of O2 to Hutchison Whampoa, the owner of Three. The deal, valued at £10.25 billion, is expected to be completed by mid-2016, and will see the formation of the UK’s largest mobile operator.

BT Sevenoaks workstyle building

BT broadband rival CityFibre submits complaint over EE bid – report

UK-based broadband infrastructure specialist CityFibre has submitted a complaint to the Competition and Markets Authority (CMA) saying BT’s proposed acquisition of EE will be anti-competitive and damage the government’s ‘ultrafast’ broadband roll-out plans, a report has claimed.

Orange logo on building

Orange confirms Cloudwatt acquisition

Orange confirmed this week the company has finalised an agreement to acquire all remaining shares of Cloudwatt, the cloud services provider it set up with the French government.

NXP

NXP says industry needs to ensure IoT is both simple and secure

Jeff Fonseca, the Regional Sales Director, Americas at chip vendor NXP has told Telecoms.com the entire telecoms industry needs to focus on ensuring the IoT delivers real value to consumers. Talking at the Mobile World Congress 2015, Fonseca said that while IoT has become an industry buzzword, the security and user simplicity of connected devices should be of paramount importance.

merger-absorb

Mitel agrees deal to acquire Mavenir, targets IP comms growth

Enterprise communications solutions provider Mitel has confirmed it plans to acquire communications network software vendor Mavenir, after entering a definitive merger agreement. The agreement will see Mitel acquire all outstanding shares of Mavenir common stock in a cash and stock deal valued at approximately $560 million.

Orange logo on building

Orange to buy out Orascom in Egypt’s Mobinil

Orange has announced it has entered into an agreement to buy out Orascom Telecom Media and Technology (OTMT) in the Egyptian Company for Mobile Services (ECMS), which operates under the Mobinil brand.

SFR

Altice to acquire remaining 20% SFR shares, buys out Vivendi

French cable group Altice has announced it has made a formal bid to acquire the remaining 20% of its recently acquired subsidiary SFR’s shares from previous majority owner Vivendi. The billionaire Patrick Drahi-led company and the newly formed Numericable-SFR have made an offer to pay €40 per share.

mtn

MTN mulls Telkom move – report

MTN is looking into the possibility of acquiring a majority stake in fellow South African telco Telkom in a bid to challenge the country’s dominant provider Vodacom, a Bloomberg report has claimed.

merger-absorb

Brocade to snap up Riverbed’s SteelApp biz in NFV play

Storage and networking tech vendor Brocade has signalled its intent to acquire Riverbed Technology’s SteelApp portfolio, which includes a virtualized application delivery controller for cloud-based applications.

TeliaSoneraBrand

TeliaSonera concessions clear Tele2 Norway acquisition

Nordic operator TeliaSonera has been given the go-ahead by regulators to complete its proposed acquisition of Tele2’s Norwegian assets for Swedish krona 4.5 billion on a cash and debt free basis.The approval from the Norwegian Competition Authority (NCA), however, didn’t come without some heavy concessions.

BT Sevenoaks workstyle building

BT agrees to buy EE for £12.5bn to create a multiplay powerhouse

Things are set to get a lot more difficult for all other UK telco and content players. The country’s dominant fixed line operator and its largest mobile operator have agreed on a price for the former to buy the latter, having first announced the potential move late last year. The combined operations will have a distinct advantage in the delivery of combined communications services, generally referred to as multiplay.

Verizon logo office

Verizon to sell off towers and part of fixed-line business – report

Verizon Communications, the parent company of US operator Verizon Wireless, is about to sell off some of its assets including mobile towers and parts of its fixed-line business, a report by the Wall Street Journal has claimed. The company is said to be selling the assets in several separate deals whose value could be over $15 billion.

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