NVerizion, which provides tools for digital broadcasting and television station automation, has its eyes on cable with its newly launched Component Level Automation System Solutions (CLASS). The platform aims to speed up file-based workflow, reducing capital and operating expenses. In addition, the service integrates legacy hardware and software systems into a unified platform, enabling cable MSOs to leverage their existing infrastructure. The platform is also expected to be scaled-up to accommodate hundreds of channels.

 

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Let’s Not Make a Deal

S&P’s TMT deal tracker reports that media and telecom M&A plunged to a 13-month low in February, with North American media and telecom companies striking 96 transactions worth nearly $160 million in aggregate transaction value.

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