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Monthly archives for 2008: January, February, March, April, May, June, July, August, September, October, November

  1. Britain's ITN Source Buys 70 Years Of Asia News International Footage

    Nov 28, 2008

    News agency Asia News International (ANI) has signed a deal with UK broadcast footage archive ITN Source to license 70 years of its footage across all platforms. ITN Source, which has over one million hours of content

  2. Sify Technologies Proceeds With Sify Communications Merger

    Nov 24, 2008

    Nasdaq-listed Sify Technologies Ltd has announced its decision to proceed with the planned merger of Sify Communications Ltd into Sify Technologies Ltd. Sify Communications Ltd is a majority-owned subsidiary of Sify

    Tagged: 483, 230, 474

  3. Walt Disney Completes UTV Software Open Offer; Ups Holding To 60 Percent

    Nov 20, 2008

    This deal marks the completion of the first major buyout of an integrated media house by a multi-national firm. Walt Disney (NYSE: DIS) has completed the acquisition of UTV Software. The second largest US media house

    Tagged: 230, 534, 474, 507

  4. Infibeam Acquires Photo Printing Portal Picsquare

    Nov 18, 2008

    Picsquare CEO Manish Agrawal has confirmed the deal with Ahmedabad-based Infibeam to VCCircle. Bangalore based photo printing portal Picsqure has been sold to Indian online retail firm Infibeam. Picsquare CEO Manish

    Tagged: 230, 672

  5. Jerry Yang To Step Down As Soon As Yahoo Board Finds Replacement

    Jerry Yang To Step Down As Soon As Yahoo Board Finds Replacement

    Nov 18, 2008

    Yahoo (NSDQ: YHOO) CEO Jerry Yang will step down from his post as soon as the board finds a suitable replacement, and BoomTown broke the story. The official release from Yahoo is out. Kara also has his full memo to

    Tagged: 479, 474

  6. M & A Star Buys Majority In Asianet; Forms JV With Rajeev Chandrasekhar

    Nov 17, 2008

    Star's acquisition of majority stake in Asianet shows the importance of growing South Indian media. Asianet Communications Ltd (ACL), Malayalam's first entertainment television company, has finally landed in the hands

    Tagged: 230, 247

  7. Accel India Closes $60M Second Fund For Seed, Early Stage

    Nov 17, 2008

    There will be no significant shift in the investment strategy for the new fund. While there are almost all the funds targeting the late stage, growth capital investing and even PIPE ( private investments in public

    Tagged: 235

  8. Accel India's Prakash: 'We Are Yet To See Slowdown In Business Plans We Receive'

    Nov 17, 2008

    Prashant Prakash, Partner, Accel India, says only very high quality biz plans will get funded now. Accel India, the new avtar of Erasmic Venture Fund, the Bangalore-based early and seed stage fund, recently closed

    Tagged: 235

  9. IMI Mobile Buying Digital Music Distributor DX3 For Euro Expansion

    Nov 12, 2008

    Hyderabad, India-based mobile content distributor IMI Mobile is buying digital music distributor DX3 of London as a beachhead to push in to the European and non-mobile markets. The UK company distributes music to

    Tagged: 228, 240

  10. DoCoMo Takes 26 Percent Stake in India's Tata Teleservices

    Nov 12, 2008

    In a major move and a first by a Japanese telco into India, NTT DoCoMo (NYSE: DCM) is taking a 26 percent stake in local telco giant Tata Teleservices, for a price of $2.7 billion. This is surely to spur more rivalry

    Tagged: 673, 228, 486

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