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Jun 30, 2015

Interactive Data Corp taps banks for sale or IPO: sources

By Liana B. Baker and Greg Roumeliotis

(Reuters) – Interactive Data Corp, one of the world’s largest financial data providers, has hired banks for a potential sale or an initial public offering that could value it at more than $5 billion, including debt, people familiar with the matter said on Tuesday.

IDC’s owners, private equity firms Silver Lake Group LLC and Warburg Pincus LLC, have asked Credit Suisse Group AG (CSGN.VX: Quote, Profile, Research, Stock Buzz) and Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) to run an auction for the company, the people said.

Jun 19, 2015

Exclusive: Advanced Micro Devices mulling breakup, spinoff – sources

By Liana B. Baker

(Reuters) – Chipmaker Advanced Micro Devices is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matter.

The deliberations are preliminary and no decision has been made, the people said. The review highlights Chief Executive Lisa Su’s determination to consider every possible option to turn the company around.

Jun 19, 2015

Advanced Micro Devices mulling breakup, spinoff – sources

By Liana B. Baker

(Reuters) – Chipmaker Advanced Micro Devices AMD.N is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp (INTC.O: Quote, Profile, Research), according to three people familiar with the matter.

The deliberations are preliminary and no decision has been made, the people said. The review highlights Chief Executive Lisa Su’s determination to consider every possible option to turn the company around.

Jun 19, 2015

Texas Instruments tipped as chip industry’s next consolidator

NEW YORK, June 19 (Reuters) – Texas Instruments Inc (TI)
could be gearing up to make the next big deal in what
has already been a record-breaking year for semiconductor M&A,
industry bankers and analysts said.

The Dallas, Texas-based chipmaker, which has a market
capitalization of $56 billion, has so far stayed on the
sidelines as peers Intel Corp, Avago Technologies Ltd
and NXP Semiconductors NV made acquisitions
worth tens of billions of dollars earlier this year.

Jun 17, 2015

Macquarie in bid to buy phone tower operator TorreSur: sources

By Liana B. Baker

(Reuters) – A Macquarie Group Ltd (MQG.AX: Quote, Profile, Research, Stock Buzz) infrastructure fund is in talks to acquire Brazilian mobile-phone tower operator Grupo TorreSur for more than $1 billion, including debt, according to people familiar with the matter.

TorreSur’s owner, private equity firm Providence Equity Partners LLC, received interest from potential buyers last summer but chose to hold off on a sale. It has now launched a sale process after receiving interest from Macquarie and others, including American Tower Corp (AMT.N: Quote, Profile, Research, Stock Buzz), the people said this week.

Sep 27, 2012
via MediaFile

British TV app Zeebox comes stateside

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Are your Facebook friends or Twitter followers tired of your incessant posts about The Voice or Game of Thrones? Enter Zeebox, a new app available in the U.S. catered to the most avid TV watchers to keep the conversation going while a show is being aired.

Comcast, the largest U.S. cable company  and its entertainment unit, NBC Universal, are investing in a start-up called “Zeebox”, which makes an app meant to be a so-called “second screen” used by viewers while they are watching television.

Aug 13, 2012
via MediaFile

Data shows thousands circumvented NBC Olympics coverage

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At least one company benefited from Olympics fans in the United States who tried to circumvent NBC’s television coverage during the London Games. AnchorFree, the Mountain View, Calif.-based startup released data to Reuters on Monday showing a major bump in users who installed a product that gives U.S. users an anonymous IP address in the United Kingdom. Presumably the people who signed up for the product, called ExpatShield, used it to watch BBC’s online streams of the Olympics.

According to the data, the number of installs of the free software surged 1,153 percent in the United States during the games. The company, which recorded an average of 220 installs a day before the Olympics, saw the number of installs increase to 2,753 installs during the 17-day event.

Jul 19, 2012
via MediaFile

TV Content wars, blackouts could spur M+A

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Dish customers: No 'Breaking Bad' for you! (Photo: Reuters)

 

Evercore analyst Bryan Kraft believes the prolonged blackout that has left DirecTV’s 20 million subscribers without MTV, Comedy Central or Nickelodeon for a week, could lead to some industry consolidation.

In a research note out late Wednesday night, the analyst said if content providers Viacom, as well as home of ‘Breaking Bad’,AMC, which was dropped from No. 2  satellite provider Dish Network in July, get the upper hand, it raises the chances of a merger between satellite companies and cable providers.

Jul 11, 2012
via MediaFile

Sun Valley Day 2: Moguls in the wild

The business elite who make the annual pilgrimage to Allen & Co’s media and tech conference in Idaho every summer make time for leisurely pursuits between meetings. On Wednesday, we spotted Xerox CEO Ursula Burns returning from a tennis match carrying a racket , while Zynga’s CEO Mark Pincus was headed for a bike ride with venture capitalist Bing Gordon and Scripps Networks’ CEO Ken Lowe was on his way to play golf.

Mark Zuckerberg, Facebook’s CEO, sported a backpack, which made him look like he was going day hiking, but really, he was just going for a coffee with Netscape founder-turned-VC Marc Andreessen and his wife, Laura, pictured here.

Jul 11, 2012
via MediaFile

Sun Valley Day 1: As moguls roll in, let the shmooze-fest begin

 

Disney CEO Bob Iger arriving at Allen & Co conference, Sun Valley, Idaho

On the first day of the mogul fest, the parade of arrivals on the steps of the Sun Valley lodge did not disappoint. Disney CEO Bob Iger smiled for the cameras while later, Warren Buffett stayed in his car while someone checked in for him.

Some of the braver execs who approached the media were Discovery CEO David Zaslav who, for the second year in a row  talked up Oprah Winfrey’s struggling OWN network and said Oprah herself would be landing in Idaho soon to attend the event organized by investment bank Allen &  Co.