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Tag: technicolor
Technicolor and Fraunhofer announce MPEG-H Audio licensing program
2015-08-26 08:30:37| Digital TV News
Technicolor (Paris: TCH; OTCQX: TCLRY) and Fraunhofer IIS have announced the formation of a licensing program as part of the market introduction of the TV audio system developed by the MPEG-H Audio Alliance.
Tags: program
audio
licensing
announce
Cisco quits set-top box market, sells business to Technicolor
2015-07-23 15:26:15| Wireless - Topix.net
After 10 years of making networked set-top boxes, Cisco Systems plans to quit the business, selling its Connected Devices division to French firm Technicolor, the companies said Thursday. Although Cisco will stop making video customer premises equipment for service providers, it will continue to develop software and cloud services to help telcos deliver IPTV and other video services to their customers, Cisco's business development director Hilton Romanski wrote in a blog post.
Tags: business
box
market
cisco
Cisco to sell set-top box business to Technicolor
2015-07-23 09:07:00| Telecompaper Headlines
(Telecompaper) Cisco is exiting the set-top box market and selling its activities to Technicolor for EUR 550 million. Cisco will receive EUR 413 million in cash and EUR 137 million in new Technicolor shares as payment. Technicolor said the takeover will boost its global market share to around 15 percent, with around 60 million devices shipped each year and an installed base of around 290 million STBs and 185 million gateways. As a result of the acquisition, Technicolor's Connected Home segment is expected to more than double revenues to over EUR 3 billion per year and reach over EUR 200 million in annual adjusted EBITDA by the end of 2016. It will also provide a double-digit boost to Technicolor's group earnings. Technicolor expects over EUR 100 million in synergies from the merger, thanks in particular to supply chain and SG&A savings. Along with the acquisition, Technicolor and Cisco agreed to a strategic partnership on development of next-generation video and broadband technologies, including cooperation on Internet of Things products. In addition, they signed a long-term patent cross-licensing agreement. After the transaction has closed, Hilton Romanski, Senior Vice President and Chief Strategy Officer of Cisco, will join Technicolor's board of directors.
Technicolor to acquire Cisco connected devices division
2015-07-23 07:00:43| Digital TV News
Technicolor (Paris: TCH; OTCQX: TCLRY) has entered into an exclusive agreement with Cisco (NASDAQ: CSCO) to acquire its customer premises equipment (CPE) business for 550 million (or $600 million equivalent) in a cash and stock transaction.
Tags: division
devices
connected
acquire
Technicolor makes HDR single-stream HEVC reference code available
2015-06-24 18:00:16| Digital TV News
Technicolor (Paris: TCH; OTCQX: TCLRY) has announced the availability of its High Dynamic Range (HDR) single-layer solution, for testing. The solution enables HDR coding and delivery in a single stream for viewing regardless of display type.
Tags: code
reference
makes
hdr
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