Originally featured on BroadcastEngineering.com
Thomson to acquire Canal+ Technologies

Thomson multimedia has signed an agreement to acquire 89 percent shareholding in Canal+ Technologies from Canal+ Group. This agreement includes existing cash and cash equivalents in Canal+ Technologies and is subject to post-closing adjustments.

Prior to today's announcement, Thomson owned 3.19 percent of the equity of Canal+ Technologies. The other minority equity partners are Sony of Japan, Sogecable SA of Spain and Sun Microsystems. The transaction is subject to regulatory approvals.

Canal+ Technologies operating units will be managed within the Thomson New Media Services division. Canal+ Technologies will continue to provide technology and services to Canal+ Group and its various digital TV operators; as well as to other third-parties. It will also pursue its close cooperation with all its manufacturers' licensees including Thomson on a non-exclusive basis.

For information about Thomson visit www.thomson-multimedia.com.

Visit Canal+ Technologies at http://www.canalplus-technologies.com/.

Home |Back to the top|Write us

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

Wednesday 9:02AM
Analysts: TV Regs 'Not as Dire as We Thought'
We feel the negatives are known and are a lot more comfortable recommending the space.

Featured Articles
Discover TV Technology