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Technicolor confirms early-stage talks over possible M&A options

2018-11-20 12:02:00| Telecompaper Headlines

(Telecompaper) Technicolor issued a statement in response to a recent press report from Reuters, which quoted unnamed sources indicating that the company is exploring its strategic options, including a full or partial sale. The statement confirms that discussions over possible M&A transactions are at a preliminary stage, but that no strategic decision or commitment has been made.

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Amazon confirms NYC, Arlington chosen for new HQs

2018-11-13 16:08:00| Telecompaper Headlines

(Telecompaper) Amazon has confirmed New York City and Arlington, Virginia as the sites for its new headquarters. As leaked in the press already, the company ended up choosing two places for its new headquarters locations, which add to its original base in Seattle. The company said it will invest USD 5 billion in the new sites, and each will house more than 25,000 employees.

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Commscope confirms Arris takeover for USD 7.4 billion

2018-11-08 13:57:00| Telecompaper Headlines

(Telecompaper) Commscope has confirmed an agreement to acquire Arris for USD 7.4 billion including debt. The deal will more than double Commscope's annual revenues, strengthening its position in the wireless market with the takeover of Ruckus Networks and expanding its addressable market to the home gateway and video delivery markets. The Carlyle Group has agreed to invest USD 1 billion for a 16 percent stake in Commscope to help finance the acquisition.

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