Robin Wauters is currently staff writer for TechCrunch and lead editor of Virtualization.com. In addition to its activities, professional blogging, he is an entrepreneur, the organizer of the event, from time to time the Council consultant and an angel investor, but the most important champion of the full launch. He lives and works in Belgium, a small country in Europe. He can often be found work from their home or ... ? Read More
Rumors swirled news yesterday, but time Warner Cable just confirmed that it has acquired West cable operator Insight for $ 3 billion in cash. Insight serves more than 750 000 customers in Indiana, Kentucky, Ohio, according to a press release.
Insight offers bundled video, high-speed Internet and voice telephony, residential and business customers and operates the cn | 2, news and information network that provides a subset of their clients.
Founded more than 25 years ago, the Carlyle Group and Insight Management has taken private in December 2005, the company, other investors, such as the MidOcean Partners acquired Crestview and significant share of the company in April 2010.
This operation may be getting FCC approval on franchise and other customary closing conditions.
Time Warner Cable is the second largest cable company in the United States, after Comcast and boasts some 12 million cable customers.
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