Espial to Buy ANT

Espial (TSX:ESP) has offered to acquire all of the outstanding shares of ANT in an all-cash deal valued at approximately £5 million (US$8 million). The acquisition is expected to close in Q1 2013 pending receipt of necessary shareholder, court, regulatory, and other customary approvals.

ANT, headquartered in the UK, provides IP, hybrid, and connected TV products and services. Its customers include major TV manufacturers, set-top box vendors, broadcasters, and service providers.
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