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

TechniSat Digital and Mototech form STB Joint Venture
Dec 7, 2010 – TechniSat Digital and Mototech have signed an agreement to create a joint venture (Prime Electronic Polska Sp.z o.o.) for the supply of embedded CAS STBs in Eastern Europe.
News categories: TechniSat, Mototech, MandA, Poland, Set Top Box

OneFi Technology Receives Financing Commitment
Dec 6, 2010 – OneFi Technology (Pink Sheets: ONFI) has received a financing commitment from Dr. Fahad al-Malik of Saudi Arabia. OneFi is working on a project to rollout network infrastructure in Saudi Arabia capable of delivering broadband WiMax and IPTV.
News categories: OneFi Technology, Broadband, IPTV, Saudi Arabia, Venture Capital

Telecom Italia deploys Amino hybrid/OTT STBs
Dec 6, 2010 – Telecom Italia (Milan:TIT), Amino's (LSE AIM: AMO) first Western European Tier 1 operator customer, has deployed on 1 December the Amino Freedom hybrid/OTT product and global interest in the solution is strong.
News categories: Amino, Telecom Italia, Digital TV, IPTV, Italy, Results, Set Top Box

SmarDTV to purchase assets from French technology company Iwedia
Dec 2, 2010 – SmarDTV (SIX: KUD.S) has announced that it has entered into an agreement to purchase certain assets from French technology company Iwedia including the transfer of all staff (approximately 20) from Iwedia to SmarDTV.
News categories: SmarDTV, CAM, Digital TV, France, MandA, Middleware, Set Top Box, Smart TV

Sigma Designs, Inc. Reports Third Quarter Fiscal 2011 Results
Dec 1, 2010 – Virgin Media (NASDAQ, LSE: VMED) has unveiled details of Virgin Media TV powered by TiVo® (NASDAQ: TIVO). The user interface will combine the live TV schedule with catch-up TV, on-demand programming and applications, alongside a personal video recorder.
News categories: Sigma Designs, IPTV, Results, Semiconductor, Set Top Box, Smart Home

Celeno Closes $12M Investment Round
Nov 15, 2010 – Celeno Communications has announced that it has closed a $12 million funding round. The latest round includes new strategic investor Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK).
News categories: Celeno Communications, Liberty Global, Semiconductor, Smart Home, Venture Capital

Pace announces agreement to acquire Latens Systems Ltd
Nov 4, 2010 – Pace plc (LSE: PIC) has announced that it has acquired Latens Systems Ltd, the Belfast based software specialist for the pay TV market. The consideration for the acquisition is payable in cash and will not exceed £28.75 million.
News categories: Pace plc, Latens, Conditional Access, Content Protection, Digital TV, MandA, Middleware, Set Top Box

STMicroelectronics Reports 2010 Third Quarter and Nine Month Financial Results
Oct 26, 2010 – STMicroelectronics (NYSE: STM) has reported results for the third quarter and nine months ended September 25, 2010. On a year-over-year basis, all market segments, except Telecom, posted growth, with Consumer increasing by 36%.
News categories: STMicroelectronics, Results, Semiconductor, Set Top Box, Smart TV

Trident Microsystems Reports Results for Third Quarter Ended Sept. 30, 2010
Oct 26, 2010 – Trident Microsystems (Nasdaq: TRID) has announced results for its third quarter ended Sept. 30, 2010. For the quarter, the company reported net revenues of $176.6 million, which compares with $171.6 million in the prior sequential quarter.
News categories: Trident Micro, Results, Semiconductor