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

Micronas: return to growth and profitability with a new strategy in the Consumer division; Automotive a strong second pillar
Oct 11, 2007 – Following a strategic review, the Micronas Group is to selectively streamline its product portfolio in the Consumer division, significantly reducing the complexity of the offering in the TV segment.
News categories: Micronas, Digital TV, Results, Semiconductor, Smart TV, Terrestrial

AT&T Acquires Wireless Spectrum from Aloha Partners
Oct 9, 2007 – AT&T Inc. (NYSE:T) has announced that its board of directors has approved an agreement to purchase spectrum licenses covering 196 million people in the 700 MHz frequency band from Aloha Partners.
News categories: AT&T, Aloha Partners, Digital TV, MandA, Mobile, USA

More customers for Sweden's Boxer
Oct 5, 2007 – By the end of September 2007 Boxer had 693,000 digital-TV subscribers, representing an increase of 39,000 hitherto during 2007 and an increase of 15,000 during the third quarter.
News categories: Boxer, Digital TV, Results, Subscribers, Sweden, Terrestrial

PT Multimédia First Nine Months 2007 Results
Oct 5, 2007 – Pay-TV customers reached 1,521 thousand at the end of September 2007, with net additions of 26 thousand in 3Q07, as compared to net additions of 7 thousand in the same period last year.
News categories: PT Multimédia, Earnings Release, Broadband, Cable TV, Digital TV, Portugal, Results, Satellite, Subscribers

Verimatrix Closes Additional Funding Round
Oct 4, 2007 – Verimatrix has announced that is has raised an additional $5 million of capital to underpin a rapid growth in customer engagements and support the company's penetration into hybrid, cable and mobile applications.
News categories: Verimatrix, Mission Ventures, Cable TV, Conditional Access, Content Protection, Digital TV, IPTV, Mobile, Set Top Box, Venture Capital, Watermarking

Vestel Elektronik announced 1H07 IFRS consolidated results
Sep 25, 2007 – Vestel Elektronik announced total revenues of US$1,538mn (€1,158mn) and net loss of US$28.7mn (€21.6mn) in 1H07. The Company was able to increase its flat TV sales by 45% YoY to approx. 1.2mn units in 1H07.
News categories: Vestel, 1H07 IFRS financials, Digital TV, DVD, Optical Disc Recorder, Results, Set Top Box, Smart TV, Turkey

EchoStar Considering Spin-off of Technology and Infrastructure Assets From DISH Network U.S. Consumer Business
Sep 25, 2007 – EchoStar Communications Corporation (Nasdaq:DISH) has announced that its Board of Directors has directed Management to pursue a possible separation of its businesses into two distinct publicly traded companies.
News categories: EchoStar, Digital TV, Finance, MandA, Satellite, Set Top Box, USA

EchoStar Announces Agreement to Acquire Sling Media, Inc.
Sep 24, 2007 – EchoStar Communications Corporation (NASDAQ:DISH) has announced that it has agreed to acquire Sling Media, Inc., a privately-held digital lifestyle products company.
News categories: EchoStar, Sling Media, Digital TV, MandA, Placeshifting, Satellite, Set Top Box, USA

ARC Acquires Alarity Corporation; Establishes Multimedia Development Center in St. Petersburg, Russia
Sep 24, 2007 – ARC International (LSE:ARK) has announced that it has acquired Alarity Corporation. Alarity is a privately held U.S. multimedia company that has a renowned team of close to 40 personnel based in St. Petersburg, Russia specializing in codec software, firmware, and advanced multimedia architectures.
News categories: ARC International, Digital TV, MandA, Russia, Semiconductor, Silicon IP, UK