Media Industry
Industry: Email Alert RSS FeedThomson snags Thales' broadcast unit.(Brief Article)
Broadcasting & Cable, December, 2005
Thomson has agreed to acquire the Broadcast & Multimedia business unit of another French conglomerate, Thales, for 130 million Euros (approximately $180 million). The addition of Thales' IP encoding and mobile-transmission technologies should give Thomson's Grass Valley Broadcast & Networks business a significant boost in the IPTV and mobile-video markets, says Grass Valley VP Jeff Rosica.
"Those are two very important markets on our radar screen, and Thales brings us a wealth of knowledge and R&D in those areas," he says. Thomson, which owns the Technicolor film-services business and RCA consumer-electronics brand, in addition to Grass Valley's line of broadcast production and infrastructure gear, also gains Thales' transmitter business, which makes...
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