Media and Technology NEWS

Broadcaster ITV acquires production firm So Television

British broadcaster ITV Plc (LON:ITV) said it had purchased production company So Television for a maximum price of GBP17m (USD27m/EUR21.5m), as part of plans to boost its capability in the production of TV … Continue reading “Broadcaster ITV acquires production firm So Television”


BT sells stake in Indian IT firm Tech Mahindra for $250m

British communications services provider BT Group Plc (LON:BT.A) said it had disposed of 14.1% in Indian IT services firm Tech Mahindra Ltd (BOM:532755) for a total gross cash price of INR13.95bn (USD250.4m/EUR203m). The … Continue reading “BT sells stake in Indian IT firm Tech Mahindra for $250m”


E-crime costs UK retailers £200m a year

Internet crime is the biggest emerging threat to the UK’s retail sector, the British Retail Consortium (BRC) claimed today. This type of criminal activity is a growing threat to retailers as more and … Continue reading “E-crime costs UK retailers £200m a year”


IBM seeks acquisitions to strengthen its storage systems offering

International Business Machines Corp (NYSE:IBM) will continue its acquisition streak in an attempt to further enhance its storage system offerings, Bloomberg reported today, quoting Bob Cancilla, IBM’s vice president for storage systems. Yesterday, … Continue reading “IBM seeks acquisitions to strengthen its storage systems offering”


Reed Elsevier unit acquires Danish software firm Atira

Elsevier BV, a division of Anglo-Dutch publisher and professional information provider Reed Elsevier Group PLC (LON:REL, AMS:REN), said it had acquired Denmark’s Atira A/S without disclosing the financial particulars of the deal. Atira … Continue reading “Reed Elsevier unit acquires Danish software firm Atira”


Private equity funds sponsor a possible MBO of China’s Focus Media

Chinese interactive digital media firm Focus Media Holding Limited (NASDAQ:FMCN) said its board is reviewing a going-private offer received from a consortium comprising its chairman and CEO Jason Nanchun Jiang and a group … Continue reading “Private equity funds sponsor a possible MBO of China’s Focus Media”


Sweden’s EQT confirms €220m deal for Austrian UC4

Swedish private equity firm EQT Partners AB announced today that its EQT VI fund had signed a deal to buy Austrian IT process automation software vendor UC4 Software GmbH from a unit of … Continue reading “Sweden’s EQT confirms €220m deal for Austrian UC4”


Carlyle sells Austrian IT firm UC4 to Sweden’s EQT in €220m deal

Swedish private equity investor EQT Partners has emerged victorious in the heated competition for Austrian-based IT automation solutions provider UC4 Software GmbH, agreeing a EUR220m (USD270m) deal with its owner The Carlyle Group … Continue reading “Carlyle sells Austrian IT firm UC4 to Sweden’s EQT in €220m deal”


Turner Broadcasting acquires sports content firm Bleacher Report

Turner Broadcasting System Inc (NYSE:TWX), part of of US media and entertainment group Time Warner Inc (NYSE:TWX), said it had purchased online sports media content provider Bleacher Report (B/R), in a move to … Continue reading “Turner Broadcasting acquires sports content firm Bleacher Report”


Accenture acquires US-based Octagon Research Solutions

New York-listed consulting and outsourcing firm Accenture Plc (NYSE:ACN) said it had agreed to buy US Octagon Research Solutions Inc, which provides clinical and regulatory information management solutions for the pharmaceutical industry. The … Continue reading “Accenture acquires US-based Octagon Research Solutions”


Navigate Articles by Page ....

1 1,157 1,158 1,159 1,160 1,161 1,163