Media and Technology NEWS

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”


BSkyB acquires Pantheon Media in move to create content distribution arm

British Sky Broadcasting Group Plc (LON:BSY), or BSkyB, said today it had finalised the takeover of international distribution and multi-media rights management firm Parthenon Media Group as part of a move to form … Continue reading “BSkyB acquires Pantheon Media in move to create content distribution arm”


Animation giant DreamWorks to acquire Classic Media for $155m

US animated film producer DreamWorks Animation SKG Inc (NASDAQ:DWA) on Monday said it had inked a deal to buy Classic Media LLC, owner of numerous well-known characters and brands, for USD155m (EUR128m) in … Continue reading “Animation giant DreamWorks to acquire Classic Media for $155m”


US earth imagery group DigitalGlobe acquries GeoEye in $900m deal

US earth imagery products provider DigitalGlobe Inc (NYSE:DGI) has sealed a USD900m (EUR741.8m) definitive deal to acquire geospatial information firm GeoEye Inc (NASDAQ:GEOY). With this tie-up, the parties will form a global leader … Continue reading “US earth imagery group DigitalGlobe acquries GeoEye in $900m deal”


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