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Alticast to spin-off media business into new company

2019-10-31 13:00:14| Digital TV News

Alticast plans to establish a new company (tentatively, 'Altimedia Corporation') by spinning-off its media business targeting Korean cable and EMEA/Asia broadcasting companies, excluding media business targeting KT/Skylife and North American broadcasting.

Tags: business company media business media

Ericsson relaunches Media Solutions business as Mediakind

2018-07-11 09:31:00| Telecompaper Headlines

(Telecompaper) Ericsson has relaunched its Media Solutions business under the new name MediaKind. This follows an agreement in January to sell a majority stake in the business to One Equity Partners. The MediaKind brand will be carried forward when the transaction between One Equity Partners and Ericsson is completed, the company said.

Tags: business media solutions ericsson

Virgin Media Business and Versa Networks agree strategic partnership

2018-02-01 01:00:00| Total Telecom industry news

Virgin Media Business is to partner with network solutions firm Versa Networks to provide its enterprise customers with a host of secure software-defined WAN (SD-WAN) services. These services will allow Virgin Media Business' customers to integrate with the cloud and improve automation and network security…read more on TotalTele.com »

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Ericsson hires banks to sell media business - report

2017-06-21 13:10:00| Telecompaper Headlines

(Telecompaper) Ericsson has hired banks to explore a sale of its media business, people with knowledge of the matter told Bloomberg. Ericsson is working with Morgan Stanley to consider a sale of its media solutions business, and the company hired Goldman Sachs to find a buyer for its broadcast and media services unit, the report said. The businesses have reportedly attracted interest from private equity firms as well as technology and media companies.

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