Finance (M&A, results, venture capital, private equity, …) News

OTE agrees to sell Telekom Albania to Albania Telecom Invest
Jan 16, 2019 – OTE has entered into an agreement to sell its entire stake in Telekom Albania to the Bulgarian company Albania Telecom Invest, for a total consideration of €50m. The transaction is subject to customary closing conditions.
News categories: OTE, Telekom Albania, Michael Tsamaz, Albania, MnA

Liberty Latin America confirms discussions with Millicom
Jan 14, 2019 – Millicom has received a preliminary non-binding proposal from Liberty Latin America in relation to an offer for all shares of the Company. There is no certainty that a transaction will materialize.
News categories: Liberty Latin America, Millicom, Cable TV, Digital TV, Latin America, MnA, Satellite

Edgeware to acquire subtitling supplier Cavena Image Products
Jan 11, 2019 – Edgeware has announced that it is to acquire Swedish subtitling expert Cavena Image Products AB. The deal broadens Edgeware’s offering to broadcasters and content owners by adding subtitling automation to its origin solution.
News categories: Edgeware, Cavena, Karl Thedéen, Henrik Moberg, Digital TV, MnA, Multiscreen, OTT, Sweden, Worldwide

RTL to acquire Yospace
Jan 8, 2019 – RTL Group has announced that it has signed an agreement to acquire control of the UK-based video technology company Yospace. Yospace develops technologies for Server-Side Dynamic Ad Insertion (SSDAI).
News categories: RTL Group, Yospace, Bert Habets, Tim Sewell, David Springall, Advertising, Digital TV, MnA, UK, Worldwide

Sky invests in Synamedia
Jan 8, 2019 – Synamedia has announced that Sky has taken a stake in the business, joining majority shareholder the Permira funds. Both Sky and its parent company Comcast are long-time Synamedia customers as well as strategic development partners.
News categories: Synamedia, Sky, Yves Padrines, Andrew Griffith, Content Distribution, Content Protection, Digital TV, Middleware, MnA, Worldwide

ENENSYS acquires Expway
Jan 7, 2019 – ENENSYS has announced the completion of its acquisition of Expway. The acquisition strengthens ENENSYS and Expway’s ability to deploy its LTE Broadcast technology, while joining efforts to build and market the first 5G Broadcast solutions.
News categories: ENENSYS, Expway, Régis Le Roux, Thierry Sergent, 5G, Digital TV, MnA, Multiscreen

Innovid receives $30 million in funding from Goldman Sachs
Jan 7, 2019 – Innovid has announced that it has secured $30 million in pre-IPO funding from Goldman Sachs’ Private Capital Investing group. Innovid will use the additional capital to further its innovation and leadership in the connected TV advertising technology market.
News categories: Innovid, Goldman Sachs, Zvika Netter, Hillel Moerman, Advertising, Digital TV, OTT, Private Equity, USA, Worldwide

U.S. 2018 TV and radio M&A deal volume highest since 2008
Jan 3, 2019 – According to Kagan, U.S. broadcast station mergers and acquisitions (M&A) volume reached $4.31 billion in the fourth quarter of 2018. 2018 closed with an $8.87 billion deal volume, representing an increase of 8% over 2017.
News categories: S&P Global, Digital TV, Market Research, MnA, USA

Accedo raises $17m in growth capital
Jan 3, 2019 – Accedo has revealed that it has raised $17M in equity to further drive its growth over the coming years. This round of financing was led by SEB Private Equity, a Stockholm based private equity team and already an investor in Accedo.
News categories: Accedo, SEB Private Equity, Michael Lantz, Magnus Ramström, CES2019, Digital TV, Private Equity, UX, Worldwide