Broadcast News

Bookmark and Share
10/03/2011

Technicolor Receives Binding Offer From FCDE To Purchase Thomson Video Networks

Technicolor has announced that it has received a binding offer to acquire the Thomson Video Networks business from the Fonds de Consolidation et de Development des Enterprises (FCDE).
The FCDE finances the recovery and development of small to medium-sized enterprises demonstrating a strong potential for success. The capital development fund, endowed with approximately 200 million euros, is financed with up to 90 million euros by the Fonds Strategique d'Investissement (FSI) together with the principal banks and insurance companies based in France.
It is managed by the Consolidation et Development Gestion, a minority subsidiary of CDC Enterprises. The FCDE makes long-term investments, strengthens and consolidates shareholders of the firms it finances, stabilises its management process, and eases relations with their banking partners.
The investment includes 100% ownership of everything considered to be part of Thomson Video Networks. This includes the entire portfolio: video encoders/decoders, MPEG processors, video servers, datacasters, network management, monitoring and switching product lines, the associated R&D centres, and the systems activities worldwide. The offer also comprises the Thomson Video Networks' sales and customer support organisations around the world, as well as the various management and administrative support functions. The use of the Thomson brand, which has been synonymous with expertise and innovation at the highest level and a trusted partner to the world's leading broadcasters, is also part of the offer.
The FCDE's offer for Thomson Video Networks recognises the company's market leadership, long history of innovation, technology expertise, impressive product portfolio and the high quality of its personnel. The FCDE's management style is based on close collaboration with the management team of each company it invests in, to guarantee a stable foundation as an independent entity and to ensure strong, steady, continued growth.
Christophe Delahousse, President, Thomson Video Networks, said: "The FCDE is an excellent partner for us, with a management team that possess the knowledge we require to excel as an independent structure and a clear, consistent track record in building up independent companies. The FCDE fully supports Thomson Video Networks in its continued global-growth strategy and sustained investment in R&D so as to ensure constant evolution and technological leadership."
Delahousse added: "Thomson Video Networks is fully satisfied that this deal has very positive benefits both for the company and for its customers, partners, and suppliers. We will be able to develop to our full potential as an independent organisation strongly committed to R&D and our clients will continue to benefit from our innovative product portfolio as well as our remarkable level of customer service, which allows us to quickly respond to evolving market needs."
Charles-Henri Rossignol, FCDE Executive Board Member, said: "We want to help Thomson Video Networks to capitalise on its numerous innovations, impressive product portfolio, high-quality management team, and all of its employees who boast the know-how that is today recognised around the world for its technological leadership in the compression and headend arenas. This investment will allow Thomson Video Networks to reinforce its presence with a renewed product line targeting the most promising market segments - satellite, terrestrial, IPTV and Web TV - and the fastest growing regions (United States, South America and Asia)."
During the transition and beyond, it will be business as usual for Thomson Video Networks' customers, partners and suppliers. Service will continue uninterrupted with all existing contracts, service agreements and warranties honoured according to their current terms. Thomson Video Networks business contacts will remain the same. Until the sale is final, Thomson Video Networks will continue to operate as a business division of Technicolor.
(KMcA)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

23/06/2015
Thomson Video Networks Move To HQ
Thomson Video Networks, a world leader in video compression for the media and TV broadcast industry, today announced that it has relocated its head of
10/05/2017
Corporate Video Production Is Here To Stay
2016 saw video marketing reach new heights for marketers. 61% of businesses have used video compared to just 34% the year before. You may still have d
05/07/2017
Writing A Video Brief
Writing a brief for your video is usually the first place to start when commissioning a video project. This can conjure up images of huge documents pa
04/07/2017
AJA Video Systems Releases Desktop Software v13
AJA Video Systems has released its Desktop Software v13 for its KONA, Io and T-TAP products. Additionally, a new KONA IP firmware license option for J
03/10/2017
Artel Video Systems To Showcase New Products at SMPTE Conference & Exhibition
Artel will showcase three IP-centric platforms specifically designed to address customers' growing requirements as they migrate from direct fiber to a
25/09/2017
Artel Video Systems Heads To NAB New York
Artel Video Systems has announced that it is to exhibit at the 2017 NAB Show New York next month, demonstrating an end-to-end hybrid IP- and fiber-bas
25/09/2017
Bexel Launches New Sideline Audio/Video Cart
Bexel has launched its new Sideline Audio/Video Cart, a plug-and-play solution for streamlining the acquisition of field audio and video feeds in stad
11/08/2017
Artel Video Systems To Exhibit At IBC
Artel Video Systems will demonstrate an end-to-end hybrid IP- and fiber-based network at IBC2017. Standards-Based IP transport with DigiLink and Infin
03/08/2017
Five Reasons For Using 360 Video In 2017
A few months ago we posted a tutorial on creating 360 video, so we thought we'd follow up with the top reasons for using 360 video to connect with you
25/07/2017
VITEC To Showcase Field-Proven Video Streaming Solutions
VITEC has announced that it will demonstrate its broad range of point-to-point streaming and full motion video (FMV) solutions engineered for mission-
29/09/2015
TVN Power Ivory Coast's Transition to DTT
Thomson Video Networks today announced that the company's premium HD/SD encoding and video processing solutions are driving the transition to digital
04/06/2014
Thomson To Showcase Compression Technologies At BroadcastAsia
Thomson Video Networks is to showcase compression technologies for content ranging from low-res to 4K and including MPEG-2, H.264, and HEVC formats, a
02/06/2015
Thomson Video Networks To Present 'Behind Every Screen'
Thomson Video Networks will present Behind Every Screen®, the company's approach for an all-encompassing video delivery infrastructure to support broa
09/02/2011
Thomson Video Networks Appoint SVS Telekom As Valued Partner For Middle East
Thomson Video Networks has announced that it has appointed SVS Telekom as a value-added reseller (VAR) partner for Turkey and the surrounding Middle E
16/04/2015
Televisa Selects Thomson Video Networks
Televisa has selected Thomson Video Networks' playout solution to drive, via satellite, a server-to-server file transfer of video contribution feeds f