Cartesian has signed a definitive agreement to acquire Farncombe Technology Limited for an undisclosed fee.
Commenting on the development, Peter Woodward, Cartesian CEO, said: “Farncombe is highly respected within the digital TV sector.
“Farncombe leaders and consultants are known experts in video, digital rights, content and security across multiple platforms, including broadcast, mobile and broadband networks. In addition to serving a complementary client base, Farncombe better positions Cartesian to support the growing digital TV needs of communications service providers in North America and EMEA. We expect the acquisition to be accretive, and provide tremendous cross-selling and upselling opportunities across our combined customer base, particularly in strategy and analytics.”
Steve Upton, managing partner of Farncombe, added: “We are pleased to be joining Cartesian, a firm that also values excellence in delivery, analytics, and technology advancement, along with a strong ambition for growth. We look forward to bringing our services to Cartesian clients and delivering an expanded offering to our existing client base.”
Cartesian is a US-based is a specialist provider of consulting services and managed solutions to leaders in the global communications, technology and digital media industries.
Meanwhile, Farncombe is a specialist digital television consultancy, providing advisory, implementation, content security and testing services to clients across the DTV and entertainment value chain.
