French set-top provider Netgem has confirmed its in talks to buy Italy-based rival Pirelli Broadband Solutions.
Netgems statement followed a report by Reuters that three companies were interested in buying the Pirelli unit, including set-top provider ADB and German investor Aurelius, with a sale likely by the end of October. A merger between Netgem and Pirelli Broadband Solutions could potentially double the formerÂs revenue.
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19 October 2021 @ 20:00:01 UTC