Archive notice: This article was originally published on December 5, 2005. Links and embedded videos are preserved as part of the historical record.
Thomson Grass Valley wants to acquire the Japanese NLE specialist Canopus. As both companies announced today, the transaction is to be completed on January 16, 2006. The companies put its value at around 91 million euros.
Among other things, Thomson expects the acquisition to bring advantages in research & development as well as a stronger presence in the Japanese market. The two companies would have complementary products, similar cultures and goals, it was said.