By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
As well as HP's $10bn purchase of software company Autonomy, which has been verbally agreed will be extended to Autonomy share holders, there were a large number of mergers involving media companies during August, taking the number of deals significantly higher than the same period last year despite the usual seasonal decline.
Scripps Networks Interactive are to make a £239 million investment for Virgin Media's 50 % stake in UKTV.
Kenneth Lowe, chairman, president and chief executive officer of Scripps Networks, said: "Making a solid investment in UKTV and entering into a strong partnership with BBC Worldwide reinforces our core international strategy, which we believe will create significant long-term value for our shareholders."
ITI Group is reportedly looking to sell its 56 per cent stake in Polish Broadcaster TVN and had approached five possible buyers, including Bertelsmann, Time Warner and Fox.
Meanwhile Google awaits regulatory approval in the US and EU before its transaction to invest $12.5bn in Motorola Mobility can go ahead. If successful Google will run the firm as a separate company who will remain a licensee of Android.
Regent's report that August followed a strong three months of deal activity though Valuation multiples have dropped slightly reflected in the TechMARK index.