Tuesday, December 13, 2005

Light Reading - Video - Thomson Buys IPTV Player - Telecom News Analysis

Ambitious French vendor Thomson (NYSE: TMS - message board; Euronext Paris: 18453) is making a major move into the end-to-end IPTV systems market with the proposed ?130 million ($155 million) acquisition of Thales Broadcast & Multimedia from its parent, Thales SA (Paris: TCFP.PA). (See Thomson, Thales Hook Up.)

The acquisition is the latest in a rapidly growing market that analysts believe is ripe for consolidation.

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