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Activision buys King for $5.9bn in major mobile move

Activision Blizzard is to acquire King Digital Entertainment in a deal valued at $5.9bn. Under the terms of a definitive agreement recently announced, Activision subsidiary ABS partners will acquire all the outstanding shares of King for $18 each.

BT raises multiplay stakes with Ultra HD first

BT has unveiled details of its forthcoming Ultra HD TV package, which will include what the company says will be Europe’s very first live sports UHD channel – BT Sport Ultra HD, reports DTVE.

OTT video revenue explosion forecasted

Statistics unveiled by analysis firm Digital TV Research has projected a doubling in global OTT video streaming revenues from $26bn in 2015 to $51.1bn in 2020; highlighting the growing market share of OTT players in broadcasting.

BT and EE extend converged multiplay services

BT and its probable mobile subsidiary EE have each extended new service offerings relating to real-time LTE broadcasting, as well as enhanced premium sport and new 4K TV offerings.

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.

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.

CSG launches Ascendon digital services platform

US business support solutions player CSG has unveiled its new digital services platform – Ascendon – that is designed to help any company looking to offer digital services to consumers.

Telekom Austria begins home gateway virtualization

Austrian incumbent Telekom Austria, has announced the completion of its in-depth trialling of virtualized customer premises equipment (vCPE), integrating SDN technology with virtual network functions (VNFs) through a common service and network orchestration platform from multiple vendors. NEC and NetCracker were among the main contributors to the development of the project.