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As part of its strategy to strengthen its service portfolio, media industry systems architect and ICT integrator the Qvest Group has announced the acquisition of TeraVolt, a solutions provider for digital media products and consulting.
Just weeks after officially switched on its network, full-fibre network provider nexfibre, in partnership with Virgin Media O2 (VMO2), is to acquire East of England fibre operator Upp to increase its footprint by 175,000 premises.
Giving a shot in the arm to its mission to automate background removal for TV and film, artificial intelligence (AI)-focused visual effects (VFX), tech start-up Electric Sheep has closed what it says is an oversubscribed pre-seed funding round of half a million dollars.
Looking to deliver high-quality projects that will engage audiences and provoke dialogue, Screen Australia has revealed that three documentaries funded through its Commissioned Program and two projects through the Producer Program are to share in over $2.2 million of its production funding.
Just as it was about to announce its second quarter results, leading media and entertainment technology company Avid has announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity partner firm STG.
In strategic move leading to a combination that the company says will position it as the leading independent provider of connected TV operating systems (OS) and AVOD/FAST products, Zeasn has acquired Foxxum and sister company rlaxx TV.
