Miranda buys NVision for $40m

Miranda Technologies is acquiring routing specialist NVision for $40 million, states Broadcasting and Cable.

Under the proposed cash transaction, the Canadian digital infrastructure and routing equipment supplier will acquire all of the outstanding shares of privately held NVision, a US-based routing specialist.

The acquisition, which is expected to be accretive to Miranda's earnings during 2009, is slated to close by 31 December 2008 and is subject to closing conditions.

Atlanta-based 2080 Media announced it is acquiring the assets of PlayON Sports from Turner Sports International Enterprises, reports IT News Online.

2080 Media is a digital media company focused on production and distribution of broadband content. PlayON Sports will continue operating under its current name.

2080 Media plans to focus PlayON Sports on the fast growing collegiate and high school sports markets, by providing clients with the ability to deliver TV-quality live and on-demand Web casts for all their untelevised sporting events.

BBC, ITV and BT are partnering to bring TV on demand to millions of homes via broadband, says MacWorld.

The three broadcasters announced their intention to work on a project that will bring broadband and television together in one box, which they claim will be the next natural evolution for Freeview, the UK's popular free-to-air digital terrestrial service.

The proposals, which form part of the BBC executive's wider partnership proposals, would see the development of a standards-based open environment for broadband connected digital television receivers.