Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, IDC Completes Logic Product Line Acquisition at General Satellite News forum; IDC Completes Logic Product Line Acquisition December 8, 2009 | Staff Writer International Datacasting Corp. (IDC) completed its acquisition of ...

Reply
 
LinkBack Thread Tools Display Modes
IDC Completes Logic Product Line Acquisition
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 101742
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
IDC Completes Logic Product Line Acquisition - 08-December-2009, 11:40

IDC Completes Logic Product Line Acquisition
December 8, 2009 | Staff Writer

International Datacasting Corp. (IDC) completed its acquisition of select terrestrial, satellite and IP product lines and related technology from Logic Innovations for $600,000, IDC announced Dec. 7.
IDC paid $250,000 in cash, with $300,000 placed in escrow. Payment of the remaining portion of the purchase price and release of the escrow has been deferred for 12 to 17 months.
The product line purchase, which initially was assessed at $750,000 when it was first announced in November, will see IDC acquire about $350,000 worth of Logic inventory, including transport stream multiplexing, IP multicasting and unicasting, ATSC, DVB, and MPEG technology as well as broadcast record and playback products for the terrestrial, satellite and cable broadcast markets. IDC also will absorb Logic personnel associated with the product lines.
The move aims to strengthen IDCs product portfolio and to build off of its $2 million acquisition of certain Tiernan broadcast technology product lines from Comtech Telecommunication Corp. in August.



Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox