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Telstra writes Ooyala down to zeroFebruary 16, 2018Telstra has written down to zero the value of its Ooyala video business, and recorded a $273 million impairment. A mere four years after the Australian telco’s acquiring the Silicon Valley startup for $270 million, Telstra will attempt to offload Ooyala’s Adtech assets, and retain the firm’s video processing and online video platform businesses.Subscribers Only
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Ericsson relinquishes a majority share of its TV software holdingsFebruary 02, 2018Subsequent to a yearlong review of its media and video-technology assets, Ericsson is divesting its Media Solutions business, and choosing to retain Red Bee Media (née Ericsson Broadcast and Media Services) in full. 51 percent of Ericsson Media Solutions – comprising Mediaroom, Envivio, Azuki, Fabrix, and Tandberg assets – will be transferred to private equity firm One Equity. Ericsson’s 49 percent stake will continue to be reported under the company’s Other business segment. Red Bee Media – comprising Ericsson’s playout, content discovery, managed media services, and creative assets – will continue to operate as an independent, fully-owned subsidiary. Subject to regulatory approval, the Media Solutions deal is expected to close in Q3; financial terms have not been disclosed.
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CDN Industry Trends - an insight into data transmission services and operatorsMay 09, 2016This report described the CDN industry trends in the broadband and video technology sector, covering broadband & video infrastucture, managed services and data transmission. It includes overview of major companies.Subscribers Only