TANDBERG Television to purchase N2 Broadband

By
published

TANDBERG Television has reached an agreement in principle to acquire the business of Atlanta-based N2 Broadband, an on-demand entertainment solution provider.

TANDBERG Television will acquire privately held N2 Broadband for cash and TANDBERG Television shares. The total value of the deal is expected to be between $110 million and $130 million.

Completion of the transaction is subject to final negotiations, confirmatory due diligence and legal and regulatory conditions.

For more information, visit www.n2broadband.com and www.tandbergtv.com.

Back to the top

TVTechnology