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

CrestaTech Secures $13M to Develop Smart Tuners for TV and Mobile Devices
Apr 30, 2012 – CrestaTech has announced that it has secured a $13 million round of funding. The investment will be used to accelerate development of Smart Tuner™ ICs for the fast-growing market of Smart TV devices.
News categories: CrestaTech, Semiconductor, Smart TV, Venture Capital

AT&T U-verse TV subscribers reach 4 million in service
Apr 24, 2012 – AT&T (NYSE:T) has reported first-quarter 2012 results. Total AT&T U-verse subscribers (TV and High Speed Internet) reached 6.2 million in the first quarter. AT&T U-verse TV added 200,000 subscribers to reach 4.0 million in service.
News categories: AT&T, IPTV, Results, Subscribers, USA

STMicroelectronics Reports 2012 First Quarter Financial Results
Apr 23, 2012 – STMicroelectronics (NYSE: STM) has reported results for the quarter ended March 31, 2012. ST's net revenues decreased 8.0% on a sequential basis with ST's wholly-owned businesses posting a decrease of 3% while the Wireless product segment was lower by 29%.
News categories: STMicroelectronics, Results, Semiconductor, Set Top Box, Smart TV

STMicroelectronics Announces its Next Step in Multimedia Convergence
Apr 23, 2012 – STMicroelectronics (NYSE: STM) has announced the next step in its multimedia convergence strategy, which will focus on offering a single application processing platform to serve a broad range of multimedia devices like set-top-boxes, TVs, cars, smartphones and tablets.
News categories: STMicroelectronics, MandA, Semiconductor, Set Top Box, Smart TV, Smartphone, Tablet

Sigma Designs Selected to Purchase Trident's Digital Television Business
Apr 2, 2012 – Sigma Designs (NASDAQ: SIGM) has announced that it has been selected as the successful bidder to acquire certain assets of Trident Microsystems' DTV Business for $21 million in cash plus assumption of specified liabilities upon the closing of the transaction.
News categories: Sigma Designs, MandA, Semiconductor, Smart TV

Sigma Designs Signs Agreement to Purchase Trident's Digital Television Business
Mar 21, 2012 – Sigma Designs (NASDAQ: SIGM) has announced that it has signed an asset purchase agreement to serve as the 'stalking horse' bidder to acquire certain assets of Trident Microsystems (NASDAQ:TRID) Digital Television (DTV) Business.
News categories: Sigma Designs, Trident Micro, Digital TV, MandA, Semiconductor, Smart TV

Cisco Announces Intent to Acquire NDS
Mar 15, 2012 – Cisco (NASDAQ: CSCO) has announced its intent to acquire NDS. The acquisition will complement and accelerate the delivery of Videoscape™, Cisco's platform that enables service providers and media companies to deliver next-generation entertainment experiences.
News categories: Cisco Systems, NDS Group, Cable TV, Conditional Access, Content Protection, Digital TV, MandA, Middleware, Satellite, Set Top Box

Sigma Designs Reports Fourth Quarter and Fiscal 2012 Results
Mar 7, 2012 – Sigma Designs (NASDAQ: SIGM) has reported results for its fourth quarter and fiscal year ended January 28, 2012. Net revenue for the quarter was $35.6 million, down 10% from the previous quarter, and down 50% from the same period last year.
News categories: Sigma Designs, IPTV, Results, Semiconductor, Set Top Box

Pace Preliminary results for the year ended 31 December 2011
Mar 6, 2012 – Pace (LSE: PIC) has announced its results for the year ended 31 December 2011. The Board expects 2012 revenues to be broadly flat before the continuing impact of the HDD supply issues. The HDD impact on 2012 EBITA is now estimated at $25m-$35m.
News categories: Pace plc, Results, Set Top Box