08.05.2009 02:27 PM
Sencore explores Wegener acquisition

Sencore and Wegener have entered into a nonbinding letter of intent regarding a possible acquisition of Wegener by Sencore.

Currently used in broadcast, radio, telco, enterprise and cable networks to distribute video and audio content, Wegener’s products provides tailored and off-the-shelf solutions. Sencore provides broadcasters, satellite and cable operators, telcos, retailers, engineers and installers with operational, signal monitoring and analysis, and video/audio distribution equipment. Sencore’s content delivery products are used by broadcast, cable, satellite and telco service providers across a wide range of applications.

The nonbinding letter of intent considers an acquisition by Sencore of all of the outstanding shares of Wegener’s common stock for an aggregate cash consideration equal to $6 million on a cash-free, debt-free basis.

As part of the letter of intent, Wegener has made a binding commitment to negotiate exclusively with Sencore for a period of 60 days.

See Sencore at IBC2009 in Stand 1.C51.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

D. Pagan Communications /   Friday 10:35 AM
Blue Line is Hot on the Trail of DPA Microphones
Clyne Media, Inc /   Thursday 09:51 PM
Focusrite Expands RedNet Range

Featured Articles
Discover TV Technology