8 Dec, 2015 – Video compression company Thomson Video Networks (TVN) is mulling a binding offer from delivery infrastructure giant Harmonic to acquire 100% of its assets.
Backed by private equity partner Edmond de Rothschild Investment Partners (EdRIP), TVN has an existing strategy to accelerate its development by giving the company greater global scale and resources. This, it claims, will drive more value and continuous innovation to the benefit of its customers. Harmonic believes that TVN’s regional strength in APAC, EMEA and LATAM would further enhance Harmonic’s global footprint. With less than 50% customer overlap between the companies, TVN’s content and service provider relationships are expected to open significant opportunities for the joint portfolio of solutions.
Read more at Rapid TV News