There's a huge flurry of merger and takeover activity in the IPTV/Internet TV space as rollup strategies win favour with investors at long last.
In addition to KIT Digital's two acquisitions this week, NeuLion has acquired Canadian online technology company Interactive Netcasting Systems, shoring up their position in streaming ice hockey online.
Meanwhile, Kudelski continues to pursue a full takeover of middleware provider OpenTV.
One of the earliest acquisitions was that of Internet TV pioneer theplatform by Comcast; now Comcast are denying that they are poised to make a bid for NBC and its involvement in Hulu.
With many private equity and VC companies that I talk to professing an interest in the space it's inevitable that the better companies will command improved valuations.