After more than three months of negotiation, Vivendi has completed its deal to buy online video provider DailyMotion from its parent company, Orange. Vivendi purchased an 80 percent stake in the company for $241.8 million (€217 million).
Telecom giant Verizon Communications completed its $4.4 billion deal to acquire AOL, meaning that with video delivery and an owned-and-operated programmatic advertising platform in place, it's now poised to launch its over-the-top streaming service for Verizon Wireless customers. But can Verizon's ad-supported, subsidized data model compete with the bevy of OTT providers jumping into the space?
Atlantic Broadband has announced an agreement to purchase Connecticut cable operator MetroCast from Harron Communications for $200 million, continuing a wave of cable industry consolidation.
Desperate to deliver the scale it has promised its investors for several years, Charter Communications enters the regulatory process for its proposed $56.7 billion purchase of Time Warner Cable with serious exposure and no "plan B" in the very possible event that federal regulators shoot the deal down.
Dominant chipmaker Qualcomm may need to take some radical steps to stay ahead of the direct competition presented by the $37 billion acquisition of Broadcom by Avago, analysts said Thursday. That could mean putting together some innovative partnerships, or even divesting itself of certain parts of its business.
With their $49 billion merger agreement passing its one-year anniversary and still bogged down in an interminable regulatory review process, AT&T and DirecTV sent a memo to the FCC this week, pushing back on proposed deal conditions suggested by rivals including Dish Network and Cogent Communications.
Apple has acquired augmented-reality firm Metaio, a Munich, Germany-based company that was the winner of a 2012 FierceWireless Fierce 15 award. According to The Wall Street Journal, Apple has had a small team exploring augmented-reality technology for a while. In addition, Senior Research Analyst Gene Munster has said that Apple could help develop AR products for consumers.
The global chipmaking business continued to consolidate Thursday morning, with Singapore's Avago Technologies confirming its $37 billion purchase of Broadcom, a leading supplier of silicon device parts to cable, wireless and other telecom sectors.
With better-than-expected quarterly results, an announcement that it's acquired middleware provider Cubiware, and rumors increasing that TiVo is working out a way to provide a linear OTT service using the tech it acquired from defunct Aereo, analysts are looking on the DVR maker with a more favorable eye.
Charter Communications has officially announced a deal to purchase Time Warner Cable, agreeing to acquire the No. 2 cable operator for $56.7 billion in cash and stock. The deal values TWC at $78.7 billion and comes just 32 days after Comcast walked away from its own $45.2 billion agreement to purchase the company.