Wednesday, July 20, 2005

Thomson ties up with VSNL

The Thomson Group known for its Technicolor, Grass Valley, RCA and Thomson brands, has announced its strategic tie-up with Tata group's Videsh Sanchar Nigam Ltd, (VSNL) to combine their expertise to come up with new technologies for the Indian market. Through the partnership, Thomson will gain a foothold in the Indian market and will leverage the reputation of the Tatas, the brand recognition of Tata Indicom and Videsh Sanchar Nigam Ltd's expertise and presence to grow its broadcast, network and telecom activities. Thomson's expertise in digital video technologies will offer significant benefits to Videsh Sanchar Nigam Ltd and the companies will explore new opportunities in managing and delivering content for third parties.