Report: TV Tech Firm Arqiva Interested In Kangaroo’s Technology

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One bidder has already taken itself out of the running for the remains of the commercial VOD Project Kangaroo, but the race is still on for the never-used technology. C21Media.net, citing an unnamed source, reports that TV technology firm Arqiva is now the sole bidder for Kangaroo’s technology, which includes a PC and TV interface and EPG after Orange declared itself out of the race last week; the company is well-placed to make a bid — its main clients include the BBC, Channel 4 and ITV (LSE: ITV), the abandoned project’s shareholders.

Arqiva has been in a buying mood of late: the radio frequency owner bought ITV’s 70 percent stake in outside TV broadcast company JFMG for £1 million in February and bought the remaining 63 percent stake it didn’t own in the first DAB radio complex Digital One from Global Radio in April. The company also controls a third of the TV channels on Freeview and has been linked to a bid for ITV-owned Freeview multiplex operator SDN.

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