Announced
Financials
Tags
Cross Border
Acquisition
Private
Majority
Pending
Digital Services
Friendly
video services
United States
Single Bidder
Synopsis
Tata Communications, an Indian telecommunications company, agreed to acquire The Switch Enterprises, a customer-controlled video switching services provider, for $59m. "Our combined forces of The Switch's strong presence in North America and Tata Communications' global position will create a formidable powerhouse in the global media ecosystem helping enterprises harness emerging digital consumption patterns to drive innovation and disruption. In addition, The Switch production infrastructure as a service model will allow Tata Communications customers to accelerate adoption of remote production from any event around the world," Tri Pham, Tata Communications CSO.
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