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Time for Technicolor to bow out of hardware, become VFX biz

With the recent acquisition of Arris by CommScope illustrative of a grave period ahead for the set top market, it was only a matter of time before Technicolor became the topic of takeover speculation. The French video technology vendor has since issued a statement, refusing to deny reports and saying that any discussions are at a preliminary stage. Another major set top exit therefore seems imminent, just three years after buying Cisco’s set top business for $600 million in cash and stock. Reports suggest Technicolor is investigating a full or partial sale of the business, including its connected home division which is currently in the midst of a three-year transformation project. To us, it sounds like the rumor mill is…

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