PILAT MEDIA - A Global Media Company

Hello All

Happy new year.

I have found this article[1] while researching on the internet.
It would be interesting to hear your comments on this.

M&As, It doesn't always work out!
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Sintec Media & Pilat Media
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Both companies are focused on developing broadcasting management systems. This field is considered to be successful with respectable contracts. Both have Israeli orientation, and good technology compared to global competitors;both companies reached the final stages of significant global tenders.

Fact and Figures
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Pilat Media Sintec Media
Cash $2.5M Over $10M
Traded London Private
Sales $12.5M Approx. $4-5M
Advantages More Experience. Better User Interface.
Fast Implementation
Greater No.
of Customers.
More application
opportunities.


Merging these two companies may result in a globally leading company in the field, with $20-30M sales a year. Both companies know one another very well, however, each company believes it has the ability to penetrate the market on its own. Now both companies wait for the tenders to determine the frontrunner in valuable contracts.

Pilat Media provides digital-ready broadcast management software supporting broadcasters around the world with multi-channel content programming and advertising sales.

Sintec Media develops a broadcast management system for broadcasting networks, station groups and Cable MSOs.

Reference
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[1] (accessed on the 1st of January 2007 at 10:11 )


Regards
azaman