Thomson Renames Grass Divisions
PARIS and RENNES, FRANCE: Technicolor is
renaming its transmission and headend businesses, which were formerly a part of
its Grass Valley division. The two business units will now operate as
standalone entities under the names Thomson Broadcast and Thomson
Thomson Broadcast will continue providing services and gear for terrestrial
television, radio, and scientific transmission applications, including
antennas, transmitters and Digital Radio Mondiale radio systems. Nicolas
Dallery has been appointed to head Thomson Broadcast. Thomson Video Networks does video compression and headend content processing. Christophe
Delahousse will continue to head Thomson Video Networks.
Thomson announced the divestiture of Grass Valley in July to a private equity
firm in San Francisco for $100 million. The transmission and headend businesses
were not included in the deal.
-- Deborah D. McAdams
July 26, 3010: “PE Firm Makes $100
Million Binding Offer for Grass Valley”
A San Francisco private-equity firm has made a $100 million binding offer for
Technicolor’s Grass Valley business. Francisco Partners made the offer to take
Grass Valley from Technicolor--formerly Thomson, which put the division up for
sale 18 months ago.