Elemental Technologies, a software developer that enables media and entertainment companies to format their video content for over-the-top distribution, has been acquired by Amazon Web Services for an undisclosed amount.
AOL, which rebuilt itself into an attractive and acquirable target in part through its video and advertising strategies, is now making a similar proposition to struggling mobile ad platform Millennial Media. The two companies have agreed to a deal that will see Verizon-owned AOL buy the firm for approximately $250 million.
The biggest acquisitions of multichannel networks (MCNs), such as Disney's $950 million buy-up of Maker Studios and Otter Media's $200-300 million purchase of Fullscreen, have most likely already taken place, according to one analyst firm. That leaves other companies hoping to buy MCNs with fewer options, and limited time to jump into the segment.
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.