Ericsson to acquire Technicolor's broadcast services division

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    • Jan 2009
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    Ericsson to acquire Technicolor's broadcast services division

    (PR-inside.com)
    * The addition of Technicolor's Broadcast Services Division will allow Ericsson to become a leading provider in managed services for broadcasters * The acquisition will bring leading broadcast customers, about 900 highly skilled professionals and playout operations in France, UK and Netherlands * Closing of acquisition is expected around mid 2012 * Purchase price of EUR 19 million and a potential earn-out based on 2015 revenues of the Broadcast Services activity of up to EUR 9 million. Ericsson (NASDAQ:ERIC), the world leader in communication technologies and services, today announced that ..

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