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

Elonics, the CMOS RF Company, Secures New Funding for Product Development
Jun 30, 2008 – Elonics, the CMOS RF tuner company, has secured an additional 1 million USD of Series A, second close finance. The funding is being provided by a consortium of investors.
News categories: Elonics, Semiconductor, UK, Venture Capital

Shaw announces continued strong third quarter results
Jun 27, 2008 – Shaw Communications (TSX:SJR.B, NYSE:SJR) has announced results for the third quarter ended May 31, 2008. Digital cable customers increased by 32,658 to 883,300. DTH customers increased 4,686 to 890,792.
News categories: Shaw Communications, Cable TV, Canada, Digital TV, Results, Satellite, Subscribers

Naspers Provisional Results for the Financial Year Ended 31 March 2008
Jun 25, 2008 – Naspers (JSE: NPN) has reported a 19% increase in revenue to R20,5 billion. Over the period the total pay-TV subscriber base grew by 13% (246,000 additional equated homes) to 2,5 million subscribers under management.
News categories: Naspers, Angola, Cyprus, Digital TV, DVR, Ghana, Greece, Kenya, Mobile, Namibia, Nigeria, Results, Satellite, South Africa, Subscribers, Uganda, Zambia, Zimbabwe

Winbox Technologies AG closing equity financing with leading German Venture Capital company TVM Capital
Jun 11, 2008 – Winbox Technologies has announced the closure of the first institutional equity financing round with lead-investor TVM Capital and angel-entrepreneur Robert Schneider, founder and longstanding CEO of publicly listed SCM Microsystems.
News categories: Winbox, TVM Capital, Digital TV, DVR, IPTV, Set Top Box, Smart TV, Software, Venture Capital

COMSTAR-United TeleSystems OJSC First Quarter 2008 Financial Results
Jun 5, 2008 – COMSTAR-UTS (LSE: CMST) has announced that its Moscow residential broadband subscriber base now includes 134 thousand triple-play (voice + broadband + TV) subscribers, and that its regional pay-TV subscriber base has increased to 107 thousand.
News categories: COMSTAR, Broadband, Digital TV, IPTV, Results, Russia, Subscribers

S4C and Wesley Clover lead £9.5 Million investment in IPTV pioneer Inuk Networks
Jun 5, 2008 – Inuk Networks has announced that it is has completed a £9.5 million second round of funding led by broadcaster S4C and venture capital firm Wesley Clover.
News categories: Inuk Networks, S4C, Wesley Clover, Digital TV, IPTV, Ireland, North America, UK, Venture Capital

Veoh Networks Secures $30 Million from Silicon Valley Heavyweights
Jun 3, 2008 – Veoh Networks has announced that it has received an additional round of funding led by Intel Capital, and joined by Adobe Systems Incorporated and Gordon Crawford, senior vice president of Capital Research Global Investors.
News categories: Veoh, Intel Capital, Digital TV, Streaming, Venture Capital

OTE Group (RomTelecom) 2008 First Quarter Results
May 29, 2008 – RomTelecom, 54.01% owned by OTE (ASE: HTO, NYSE: OTE), has once again recorded successful take-up of its direct-to-home TV service, attracting 94,000 new subscribers in Q1'08 to reach a total subscriber base of 484,000 at the end of the period.
News categories: RomTelecom, OTE, Digital TV, Results, Romania, Satellite, Subscribers

Sigma Designs, Inc. Reports First Quarter Fiscal 2009 Results
May 29, 2008 – Sigma Designs (NASDAQ: SIGM) has reported financial results for its first fiscal quarter ended May 3, 2008. Net revenue for the first quarter was $56.9 million up $20.9 million, or 58%, from $36.0 million reported for the same period last year.
News categories: Sigma Designs, Digital TV, IPTV, Results, Semiconductor, Set Top Box