The Business of Multiscreen Television
The Kudelski Group has announced the closure of its subsequent offer period on its tender for OpenTV.
The offer period closed at midnight in New York on November 27 with approximately 77,677,149 OpenTV Class A shares tendered, representing some 83% of the OpenTV Class A shares not owned by Kudelski or its subsidiaries.
Once the tendered shares have been acquired, Kudelski will hold approximately 96% of the voting rights in OpenTV.
About Julian CloverYou can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com. Julian has been following the media world for over 20 years with a focus on the UK and Nordic markets, HD, 3D and connected TV technologies.
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Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published. Read more about the report