Hotel Broadband House Takes Over BPL Distributor.
- Resource Type
- Article
- Authors
- Massey, Bill
- Source
- Broadband Business Forecast. 1/9/2007, Vol. 17 Issue 1, p5-5. 1p.
- Subject
- *MERGERS & acquisitions
*INTERCOMPANY transactions
*BUSINESS enterprises
- Language
The article reports on the deal between Cinema Internet Networks Inc. (CinemaWorks) and broadband over powerline (BPL) hardware master distributor 3One Systems US Inc. CinemaWorks is buying 51 percent of 3One Systems. The acquisition will give CinemaWorks control over the distributor from which it has been buying BPL hardware it then resells and installs in hotels around North America. Terms of the deal are discussed.