Nokia has received regulatory approval from Chinese authorities to sell its mobile phone unit to Microsoft Corp., removing one of the last major hurdles to the 5.4 billion-euro ($7.3 billion) deal. The Finnish company says it expects the transaction to close by the end of the month, having acquired the necessary approvals from regulatory bodies including in the U.S., the European Union and other jurisdictions.
Declining smartphone prices hit profit at Samsung Electronics Co. for a second straight quarter. The consumer technology heavyweight said Tuesday that it expects operating income of about 8.4 trillion won ($8 billion) for the January-March quarter, down 4 percent from a year earlier.
Imagine Communications announced this morning that it had acquired Digital Rapids for an undisclosed sum. Digital Rapids will add a range of IP and file-based media processing systems and software-based workflow management technologies to Imagine’s TV Everywhere war chest.
RGB Networks has launched its CloudXstream ad insertion for multi-screen (AIM) and network DVR at the NAB Show in Las Vegas this week. The cloud-based platform provides a turnkey approach for the deployment of AIM or network DVR (nDVR) in an operator’s own data center or hosted private cloud.
Cincinnati Bell today announced it is winding down its wireless network operations and selling its spectrum licenses and other assets to Verizon Wireless in a deal valued at $210 million. The regional operator, headquartered in Cincinnati, will lease back its spectrum from Verizon for a period of time while it shuts down its network operations and assists its customers in moving to Verizon or another wireless provider.
The CEO of the cloud-based communications company Vonage will retire by the end of the year. Marc Lefar, 50, has been with Vonage for six years. The company board has initiated a search for its new chief executive, and Lefar will assist.
Elemental Technologies has revised its video processing software so that it runs on multiple processing architectures, including appliances, blade solutions, virtual machines and the cloud. Ericsson has endorsed the idea by adopting Elemental’s software to operate in its Ericsson Virtualized Encoding solution.
Google subsidiary Nest Labs is disabling a feature on its smoke alarms due to the risk that owners could unintentionally turn off the device with the wave of a hand. Founder and CEO Tony Fadell said on the company's website, however, that a "unique combination of circumstances" could delay an alarm going off in the event of a real fire.
Harmonic’s multiscreen transcoding and delivery system now supports workflows compatible with Adobe Primetime's ad insertion capabilities. This workflow is compatible with the Adobe Primetime platform, which enables pay-TV service providers and broadcasters to insert advertising as well as manage program substitution and blackouts for any device with access to the web.
Envivio introduced a new multiprocessor software approach for real-time 4K Ultra HD HEVC compression using its Muse encoding software. The approach relies on distributing HEVC encoding across multiple server nodes. This architecture is designed to provide the power to perform high quality Ultra HD compression on industry-standard servers.
Boxfish has been processing, in real time, every single word spoken on 1,000 different TV channels worldwide, compiling a database of more than 86 million(!) topics that can be used to categorize and sort all broadcast content. The database is so vast and so versatile the company can barely figure out what aspect of the video industry revolutionize first. Program guides? Audience analysis? Targeted advertising?
CED Editor-in-Chief Brian Santo looks at the Netflix and Comcast relationship, and examines why network neutrality rules apply, but not the way some people might think they do. Along the way, Vint and Tim help invent the Internet, the big kids on the block form a gang, and nobody's drawing skills improve.
iStreamPlanet and Clearleap have integrated the former’s cloud-based live video streaming platform, Aventus, with the latter’s modular platform. The combined system enables the capture, management and retransmission of live video to virtually any connected device, from live sporting events to reality TV show competitions to breaking news.
Patibanda had been general manager of SeaChange's Silicon Valley-based In-Home business, and will continue to do so, the company said. That operation is responsible for the creation and delivery of the SeaChange Nucleus video gateway software.
The company said it is preparing to release a set of new software components and updates to its Transcode Manager 2 automated file-based media processing software and its underlying Kayak workflow platform that will enable those capabilities. Digital Rapids has been testing the options in beta with some customers, and is now ready to commercialize them.