Thomson Grass Valley buys Canopus at DVinfo.net

Steven-Marc Couchouron · December 5th, 2005, 08:36 AM

Thomson has signed an agreement to acquire 33 1/3% of the issued and outstanding shares of Canopus and will launch a public tender offer for the remaining Canopus shares tomorrow.

Press release:
http://www.thomson.net/EN/Home/Press...d-599c5de7c9ea

Press conference now at:
http://www.irwebcasting.com/051205/0...ee3/index.html

Chris Hurd · December 5th, 2005, 09:18 AM

Holy cow, knock me over with a feather! Man, I'm still down on the floor over here. Somebody help me up!

Joe Carney · December 5th, 2005, 09:37 AM

I hope this is a good thing.

Chris Hurd · December 5th, 2005, 09:44 AM

It's like Avid buying Pinnacle.

Robert Mann Z. · December 5th, 2005, 11:09 AM

i had no idea canopus was for sale, at least now i'm going to get that viper plugin for edius i always wanted :)

any ideas what this means for all us grass valley users here (silence)...errr i mean edius users...

Chris Hurd · December 5th, 2005, 01:46 PM

Canopus isn't publicly traded (at least not yet), so I think this deal was brokered with T/GV strictly at Hiro's leisure. In other words, I doubt he was taking offers for it... who knows... I'm sure everyone will benefit though.

David Andrews · December 6th, 2005, 04:25 AM

Canopus has been listed on the Tokyo Stock Exchange since 2002. Price jumped 12% yesterday. According to the press conference where this was announced and available on line here:
http://www.irwebcasting.com/051205/0...ee3/index.html
about 45% of the shares are held by individuals.

There is a lot more information here about the reasons for the deal and what is intended for the future.

December 5th, 2005, 08:36 AM	#1
Steven-Marc Couchouron Regular Crew Join Date: Mar 2003 Location: Paris, France Posts: 110 Images: 5	Thomson Grass Valley buys Canopus Thomson has signed an agreement to acquire 33 1/3% of the issued and outstanding shares of Canopus and will launch a public tender offer for the remaining Canopus shares tomorrow. Press release: http://www.thomson.net/EN/Home/Press...d-599c5de7c9ea Press conference now at: http://www.irwebcasting.com/051205/0...ee3/index.html __________________ SMCproductions.com

December 5th, 2005, 09:18 AM	#2
Chris Hurd Obstreperous Rex Join Date: Jan 2001 Location: San Marcos, TX Posts: 27,368 Images: 513	Holy cow, knock me over with a feather! Man, I'm still down on the floor over here. Somebody help me up! __________________ CH Search DV Info Net \| 20 years of DVi \| ...Tuesday is Soylent Green Day!

December 5th, 2005, 09:44 AM	#4
Chris Hurd Obstreperous Rex Join Date: Jan 2001 Location: San Marcos, TX Posts: 27,368 Images: 513	It's like Avid buying Pinnacle. __________________ CH Search DV Info Net \| 20 years of DVi \| ...Tuesday is Soylent Green Day!

December 5th, 2005, 01:46 PM	#6
Chris Hurd Obstreperous Rex Join Date: Jan 2001 Location: San Marcos, TX Posts: 27,368 Images: 513	Canopus isn't publicly traded (at least not yet), so I think this deal was brokered with T/GV strictly at Hiro's leisure. In other words, I doubt he was taking offers for it... who knows... I'm sure everyone will benefit though. __________________ CH Search DV Info Net \| 20 years of DVi \| ...Tuesday is Soylent Green Day!

December 5th, 2005, 09:37 AM	#3
Joe Carney Inner Circle Join Date: Jul 2002 Location: Centreville Va Posts: 1,828	I hope this is a good thing.

December 5th, 2005, 11:09 AM	#5
Robert Mann Z. Skyonic New York Join Date: Nov 2001 Location: NYC Posts: 614	i had no idea canopus was for sale, at least now i'm going to get that viper plugin for edius i always wanted :) any ideas what this means for all us grass valley users here (silence)...errr i mean edius users...

December 6th, 2005, 04:25 AM	#7
David Andrews Regular Crew Join Date: Jul 2005 Posts: 131	Canopus has been listed on the Tokyo Stock Exchange since 2002. Price jumped 12% yesterday. According to the press conference where this was announced and available on line here: http://www.irwebcasting.com/051205/0...ee3/index.html about 45% of the shares are held by individuals. There is a lot more information here about the reasons for the deal and what is intended for the future.