COMCAST acquisition history

Comcast and Time Warner reached definitive agreements to acquire substantially all the assets of bankrupt Adelphia Communications Corporation for a total of $12.7 billion in cash and 16% of the common stock of Time Warner's cable subsidiary. The two companies also swapped certain cable systems and unwound Comcast's 17.9% interest in Time Warner Cable and 4.7% in Time Warner Entertainment. The transactions expanded both companies' footprints and improved the geographic clustering of subscribers. The June 2006 amendment adjusted terms ahead of the July 31, 2006 closing. $12.7 billion in cash plus 16% of Time Warner Cable stock (Comcast + Time Warner jointly).

Time Warner Inc. and Comcast Corporation today announced that they have reached definitive agreements to acquire substantially all the assets of Adelphia Communications Corporation for a total of $12.7 billion in cash and 16% of the common stock of Time Warner's cable subsidiary, Time Warner Cable Inc.Comcast / Time Warner joint press release — April 21, 2005

Comcast and General Electric signed a definitive agreement to form a joint venture 51% owned by Comcast, 49% owned by GE and managed by Comcast. The venture combined the NBC Universal businesses with Comcast's cable networks, regional sports networks and certain digital properties. NBCU's businesses were valued at $30 billion and Comcast contributed businesses valued at $7.25 billion. The transaction closed January 28, 2011 with the Amended and Restated LLC Agreement of NBCUniversal, LLC, giving Comcast control of NBC, Universal Pictures, Universal theme parks and a broad cable-network portfolio. NBCU businesses valued at $30 billion; Comcast contributed cable assets valued at $7.25 billion for a 51% controlling stake.

For Comcast, this transaction is strategically compelling and will generate attractive financial returns and build shareholder value. It is also expected to be immediately accretive.Brian L. Roberts — Chairman and CEO, Comcast Corporation

Comcast announced it would acquire GE's entire remaining 49% common equity stake in the NBCUniversal joint venture for approximately $16.7 billion, taking NBCUniversal to 100% Comcast ownership. NBCUniversal also purchased from GE the properties used at 30 Rockefeller Plaza and CNBC's Englewood Cliffs, NJ headquarters for approximately $1.4 billion. The acquisition accelerated GE's exit ahead of a redemption period that would have begun in July 2014 and closed March 19, 2013. approximately $16.7 billion for GE's 49% stake, plus approximately $1.4 billion for the 30 Rockefeller Plaza and CNBC headquarters properties.

This is an exciting day for Comcast as we have agreed to accelerate the purchase of NBCUniversal. Our decision to acquire GE's ownership is driven by our sense of optimism for the future prospects of NBCUniversal and our desire to capture future value that we hope to create for our shareholders.Brian L. Roberts — Chairman and CEO, Comcast Corporation

NBCUniversal, a division of Comcast, announced the acquisition of DreamWorks Animation (NASDAQ: DWA) at an equity value of approximately $3.8 billion, with stockholders receiving $41.00 in cash per share. DreamWorks Animation creates animated feature films, television series and specials, live entertainment and related consumer products, and became part of the Universal Filmed Entertainment Group alongside Universal Pictures and Fandango. Illumination founder Chris Meledandri was named to help guide the DreamWorks Animation business. approximately $3.8 billion equity value; $41.00 in cash per share.

DreamWorks Animation is a great addition to NBCUniversal. Jeffrey Katzenberg and the DreamWorks organization have created a dynamic film brand and a deep library of intellectual property. DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come.Steve Burke — CEO, NBCUniversal

Following a UK auction process against Twenty-First Century Fox, Comcast announced terms of an increased superior cash offer for Sky plc at GBP 17.28 per share, implying a value of approximately $40.0 billion (GBP 30.6 billion) for Sky's fully diluted share capital. On October 9, 2018 Comcast Bidco Limited, an indirect wholly-owned subsidiary, completed the acquisition of 672,783,139 ordinary shares (approximately 39.12% of Sky) for GBP 17.28 per share (GBP 11,625,692,641.92 in aggregate), with the offer declared unconditional as to acceptances and wholly unconditional, beginning the process to take Sky to full ownership. GBP 17.28 per share, implying approximately $40.0 billion (GBP 30.6 billion) for the fully diluted share capital; initial close covered ~39.12% for GBP 11.6 billion.

On October 9, 2018, Comcast Bidco Limited, an indirect wholly-owned subsidiary of Comcast Corporation, completed its previously announced acquisition of 672,783,139 ordinary shares of Sky plc (representing approximately 39.12% of the issued ordinary share capital of Sky) for GBP 17.28 per share, or GBP 11,625,692,641.92 in the aggregate.Comcast Corporation Form 8-K — Item 2.01, October 9, 2018

Network-as-a-service (NaaS) managed service provider; acquired in April 2025 for total cash consideration of $1.3 billion. $1.3 billion total cash consideration.

Comcast acquired Blueface, a Dublin, Ireland-based global technology provider and leader in unified communications as a service (UCaaS). The deal added Blueface's proprietary, fully customizable cloud voice unified communications platform to the Comcast Business portfolio, giving business customers audio and video collaboration tools across devices and locations.

Comcast completed the acquisition of Deep Blue Communications, a Latham, NY-based company specializing in engineering, installing, and managing commercial WiFi networks. Deep Blue was a leading managed WiFi provider for retail, hospitality, and entertainment venues.

Comcast acquired XUMO, an advertising-supported streaming service based in Irvine, California, offering free live and on-demand entertainment, news, and sports across more than 190 genre-grouped channels. XUMO's multi-screen distribution network included partnerships with major smart-TV brands. XUMO continued to operate as an independent business inside Comcast Cable.

Comcast acquired BluVector, a cybersecurity company that uses advanced artificial intelligence and machine learning to protect companies and government agencies. Its proprietary machine-learning engine detects, analyzes, and contains sophisticated cyber-threats including fileless malware, zero-day malware, and ransomware.

Comcast Business completed its acquisition of Masergy, a Plano, Texas-based pioneer in software-defined networking (SDN) and cloud platforms for global enterprises. With over twenty years of experience in managed network, cloud, and security services, Masergy served more than 1,400 customers in nearly 100 countries.

Comcast Business, through its Comcast Government Services unit, completed the acquisition of Defined Technologies, LLC, a Tysons, VA-based company (a wholly-owned subsidiary of MicroTechnologies, LLC) that provides U.S. federal agencies with telecommunications, support services, engineering, and program management. Defined Technologies was one of only nine prime contractors holding a GSA Enterprise Infrastructure Solutions (EIS) contract.

Comcast Corporation completed the acquisition of Lenfest Communications, Inc., then the ninth-largest U.S. cable television operator, adding roughly 1.25 million cable subscribers to Comcast Cable. The deal solidified Comcast's position as the third-largest U.S. cable operator and concentrated its footprint in the mid-Atlantic region from New Jersey to suburban Washington, D.C.

Comcast reached an agreement to acquire Fandango, the premier U.S. destination for movie information, showtimes, and ticketing, and one of the web's top entertainment sites with 4-5 million unique visitors per month. Comcast also announced plans to launch Fancast.com, a new national online entertainment destination, with both properties managed by Comcast Interactive Media.

Comcast NBCUniversal agreed to purchase the remaining 49 percent ownership of Universal Studios Japan (USJ) from its partners, including Goldman Sachs, former USJ CEO Glenn Gumpel, private-equity firm MBK Partners, and hedge fund Owl Creek Asset Management. Completing the transaction gave Comcast NBCUniversal 100 percent ownership of the Osaka theme park destination.

NBCUniversal's Telemundo Station Group completed its acquisition of nine television stations serving six markets from ZGS Communications. The transaction included a full-power Telemundo-affiliated station in El Paso, TX, plus Class A and low-power stations serving Washington, D.C., Hartford, Orlando, Tampa, Ft. Myers, Providence, and Raleigh, expanding the group's footprint from 18 to 24 U.S. markets and Puerto Rico.

Comcast completed the acquisition of AT&T Broadband cable systems serving approximately 595,000 customers across six states, gaining subscribers in New Mexico, Maryland and Delaware, New Jersey, Pennsylvania, and Tennessee. The transaction better clustered Comcast's service territories, particularly in the mid-Atlantic region.

Comcast acquired Southern Vermont Cable Company, becoming the new cable, entertainment, and communications provider for five communities in Southern Vermont: Dummerston, Jamaica, Newfane, Putney, and Townshend. Comcast planned to transition residents and businesses onto its Xfinity and Comcast Business services, with the process continuing through the fall of 2020.

Comcast closed on an agreement to acquire the broadband business of Braintree Electric Light Department (BELD) in Massachusetts, transitioning former BELD broadband customers to Comcast's Xfinity and Comcast Business services. The deal extended Comcast's residential and business internet offerings, including faster-than-Gig WiFi, to more consumers and businesses in the Greater Boston region.