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Article: United States: International Datacasting Corporation Acquires Comtech Tiernan Broadcast Radio and Video Product Lines.
- Article from:
- TendersInfo
- Article date:
- August 19, 2009
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Byline: datta003
International Datacasting Corporation, a leader in advanced solutions for satellite distribution of broadband multimedia content, today announced that it has acquired select product lines and related technology from Comtech Tiernan Video, Inc. ("Tiernan"). The transaction is structured as an asset purchase agreement between the two companies at a price of US $2,038,000 million in cash with an effective closing date of August 17, 2009. Tiernan is a wholly owned subsidiary of Comtech Telecommunications Corporation.
Tiernan--an established supplier of high-quality products for the international broadcast industry--develops, and markets a ...