NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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xG Technology, Inc., whose brands are recognized as the global leaders in live video communications in the broadcast, military and government markets, announces that its IMT Vislink brand will be displaying new Advent satellite communication products at this year's International Broadcasting Convention (IBC) show (Stand 1.A69). IMT Vislink's Advent satellite…

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Comtech Telecommunications Corp. announced today that during its fourth quarter of fiscal 2018, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech's Commercial Solutions segment, won a tender by a major Mobile Network Operator (MNO) in China to replace the older generation of lower efficiency modems…

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AT&T* announced today the completion of its acquisition of AppNexus, now part of AT&T advertising & analytics led by CEO Brian Lesser. AppNexus operates a leading global advertising marketplace and provides enterprise technology products for digital advertising, serving publishers, agencies and marketers. AT&T will continue to invest in and build…

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Orange today announced that it has completed the acquisition of 100% of Basefarm through its enterprise subsidiary Orange Business Services following the approbation of the relevant competition authorities. Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis.…

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Pure Broadcast , a leading provider of mobile sports broadcast facilities, announced today that the company has successfully reached terms to acquire its second HD mobile broadcast unit. The '53 foot multi-format, high definition unit will feature Sony cameras, Calrec audio mixer, Grass Valley Kayenne switcher, EVS XT3 replay devices,…

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Tribune Media Co (TRCO.N) terminated its $3.9 billion sale to Sinclair Broadcast Group (SBGI.O) on Thursday and sued Sinclair for breach of contract, claiming the rival TV-station owner mishandled efforts to get the transaction approved by taking too long and being too aggressive in its dealings with regulators. The collapse…

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American Tower Corp (AMT.N) and unlisted Brazilian operator Algar Telecom SA on Wednesday purchased the broadband network of Cia Energetica de Minas Gerais SA (CMIG4.SA), known as Cemig, potentially spurring more dealmaking in Brazil’s telecoms space. At an auction in Cemig’s headquarters in the interior state of Minas Gerais, American…

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Twenty-First Century Fox Inc  has triggered a 46 day deadline to raise its bid for Sky (SKYB.L) in a battle with Comcast CMCSA.L for control of the British pay-TV group. Under British takeover rules, Rupert Murdoch’s Fox now has until Sept. 22 to trump Comcast’s 14.75 pound per share offer…

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Pavlov Media, one of the nation's largest private providers of broadband services for multi-family real estate owners, purchased the former Fluid Event Center in Champaign, Illinois. The facility will serve as the company's new corporate headquarters. The former Fluid Event Center has 66,000 square feet of space on eleven acres.…

Wednesday, Aug 08, 2018
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Twenty-First Century Fox Inc (FOXA.O) on Tuesday posted an offer document and form of acceptance for its 14 pounds a share offer to buy UK’s Sky (SKYB.L) on Tuesday. Fox now intends to implement Sky’s acquisition by way of a takeover offer rather than a scheme of arrangement, as described…