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Month: November 2018

Analysis, Media Technology M&A

A Wild Journey for Massive Interactive; Sale to Deltatre Highlights Complexity of OTT Ecosystem

Deltatre is set to acquire Massive Interactive in a cash transaction valued at USD $92 million.  The two parties signed a definitive agreement on November 8th with closing expected later in...

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Analysis, Media Technology M&A

Vitec Group Acquires Wireless Chipset Supplier Amimon

The Vitec Group acquired Amimon for $55.0 million in cash consideration.  The total investment is anticipated at $59.9 million when including costs associated with employee retention, deal, and...

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Broadcast Technology Vendor Financials

Avid Q3 Shows Continued Business Transition; Management Hints at Need to Improve Capital Structure

Avid announced third quarter 2018 earnings results for the three month period ending September 30, 2018.  The presentation built upon on the format of the second quarter earnings report, which...

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Broadcast Technology Vendor Financials

ATEME Grows Revenue 37% in Q3 2018

Video delivery infrastructure provider ATEME announced third quarter 2018 revenue of €15.1 million, an increase of 36.6% versus the third quarter of 2017.  Highlighting the Q3 2018 year-over-year...

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Analysis

EVS Details Buyback; Prompted by Evertz Acquisition of 3.1 Percent Stake

EVS issued an update on its share buyback program, which was announced on October 24, 2018.  The buyback was announced concurrent with the transparency notification detailing Evertz’ acquisition...

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Analysis, Media Technology M&A

Evertz Acquires Quintech, Manufacturer of RF Signal Management Equipment

In a regulatory filing today, Evertz announced the acquisition of Quintech Electronics, a manufacturer of RF signal management communications equipment.  Quintech is based in Indiana, Pennsylvania...

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Analysis, Broadcast Technology Vendor Financials

Harmonic’s 2018 Growth Continues in Q3, Despite SaaS Headwinds

Harmonic announced revenue for the third quarter of 2018 of $100.6 million, an increase of 9% compared to the year-earlier Q3 2017 and a slight increase of 1.5% versus the revenue result in the...

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