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Deals, launches and products

Time Warner Cable said this week it will buy NaviSite for around $230 million, a move which seems to take it further into the enterprise market

By PETER WHITE

Published: 3 February, 2011

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Time Warner Cable said this week it will buy NaviSite for around $230 million, a move which seems to take it further into the enterprise market. Navisite is public and the price of $5.50 a share is a 33% premium on the current share price. NaviSite hosts secure shared applications in the cloud so that businesses can let staff work remotely. Time Warner Cable already has a strong internet offering for business, but it will also acquire 1,200 customers with NaviSite.

The DLNA says that it now has a Software Certification program and Qualcomm’s Skifta says that it has become the first software certified on it. Skifta turns handsets and tablets into remote controls for anything. As far as we know there still is no software certification possible for DTCP-IP, the secure linking service which encrypts commercial content when moving it around the home, although we know there are software versions of it. Skifta bills itself as a media shifting service which lets consumers access their digital media from virtually any source, whether the phone, from the cloud, or remotely from home, but this app is clearly for non-commercial content right now.

Turkey based WiFi specialist AirTies told us that it was raising funds shortly, when we visited it in Istanbul late last year, and now the deal has been closed with US investment firm Invus, the money is being used to expand in Europe. AirTies specializes in adding special firmware to WiFi which allows it to shift HD video around a home, without losing IP packets. The amount of money invested was not stated but it will be between $10 and $20 million.

Nokia’s VC arm Nokia growth Partners has led an investment round which will put $8 million into Voddler, a Scandinavian VoD service. In 2010, Voddler’s first full year of operation, it showed 5 million movies from a growing catalog of 3,500 titles, with content from both international and domestic media majors, to over 850 000 customers throughout Scandinavia. Over 80% of the content on Voddler is ad funded and for free to the consumer.

Engadget says that Amazon is developing a film streaming service to compete directly with Netflix following its full acquisition of LoveFilm. We have said many times in the past that the way in which Netflix gets customers is to say that the streaming is free for existing customers, and Amazon is doing the same by bundling it with its Amazon Prime service - a premium service which guarantees Amazon customers unlimited free shipping in return for a small sign-up fee. We heard this a few weeks back as a rumor, but now a leaked screenshot has shown the offer on the Amazon web site. So it just has to find 20 million subscribers internationally now to match Netflix.

A long time ago we told people to invest in Broadcom, and have backed it since 2003, its current figures show just why the company tends to irresistibly soak up commodity chip markets with revenue for the quarter up 45% over last year to $1.95 billion. Operations generated $452 million of cash and it showed net income of $266 million. This makes it almost a $7 billion company going forwards making $1 billion a year. Revenues for Broadband were up 40% to $2.13 billion, and Infrastructure and Networking was up 50% to $1.59 billion, but he star of the show was Mobile and Wireless, up 68% to $2.9 billion a massive leap of $1.17 billion in a single year.

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