RTL takes full control of SpotX in expansion of ad tech activity

German broadcaster RTL has taken full control of video ad serving technology company SpotX in a deal that values the company at US$404 million. RTL said its investment in the company demonstrated its commitment to an ambitious ad tech strategy as well as recognition of SpotX’s impressive growth and execution strategy. RTL acquired an option […]

Pace to acquire Aurora Networks for US$310 million

UK set-top provider Pace is to acquire optical networking for access networks leader Aurora Networks for US$310 million (€226 million). According to Pace, the acquisition positions it to support operators’ demand for increasing bandwidth as well as combining a highly profitable and growing business serving over 200 customers in 50 countries and further widening Pace’s […]