COMCAST acquisition history

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 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.

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.

Jones Intercable was a large U.S. multiple-system cable television operator based in Englewood, Colorado. Comcast agreed to buy roughly half of the Class A shares held by BCI Telecom Holding along with the controlling shares of the company, taking a controlling position in the operator and adding about one million cable customers.

Comcast agreed to purchase the cable television operations of The E.W. Scripps Company in exchange for Comcast Class A Special Common Stock. The Scripps systems served approximately 800,000 subscribers, concentrated in Sacramento, California and in Chattanooga and Knoxville, Tennessee.

Susquehanna Communications operated cable television and broadband systems serving more than 225,000 subscribers, primarily in Pennsylvania along with New York, Maine and other states. Comcast, which already held an approximately 30% interest, agreed to acquire the cable business for cash.

These cable systems have been well run and are very complimentary to Comcast's service areas.Brian L. Roberts — Chairman and CEO, Comcast

Comcast purchased the cable assets of Wilco Electronic Systems, a provider of paid television service, extending Comcast service to residents served by Wilco's private cable systems in the Philadelphia area, including Philadelphia Housing Authority communities.

Comcast acquired FreeWheel, a provider of multi-platform advertising-management technology that helps television networks and distributors monetize premium video across screens. FreeWheel became a core part of Comcast's advertising-technology operations and later its advanced-advertising group.

NBCUniversal Cable Entertainment acquired Craftsy, an online video-based education platform for craft and hobby enthusiasts covering areas such as knitting, quilting, sewing, cooking, and cake decorating. The service offers classes, patterns, and supplies to a subscriber community of makers, and was later folded into NBCUniversal's digital lifestyle initiatives.

TechTV was a technology-focused cable and satellite network. Comcast purchased all of TechTV's outstanding common and preferred stock from Vulcan Programming and merged it with its own gaming network, G4, to launch a combined channel, G4techTV, reaching approximately 44 million cable and satellite homes.

Greater Philadelphia Cablevision, a subsidiary of Greater Media, operated a cable system serving approximately 79,000 customers within the city of Philadelphia. Comcast acquired the essentially debt-free operator by issuing roughly 8.5 million shares of its Class A Special Common Stock.

International Channel Networks operated multicultural programming and would go on to run AZN Television, a network aimed at Asian-American audiences. Comcast obtained 100% ownership of the business through a broader share-exchange transaction with Liberty Media.

Comcast acquired the U.S. cable television and alternate-access operations of Canada's Maclean Hunter, together with the shares of Barden Communications, through a limited liability company jointly owned with the California Public Employees' Retirement System. The systems, located in New Jersey, Michigan and Florida, served approximately 550,000 cable subscribers.

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 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 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 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 acquired Notion, a do-it-yourself smart-home monitoring startup whose multifunction sensors detect events such as water leaks, temperature changes, and door or window openings. Notion operated as a Comcast company within its growth-focused development group and partnered with home-insurance providers.

Fandango, the NBCUniversal-owned movie network, acquired the Vudu on-demand streaming service from Walmart. Vudu offers a large catalog of movies and TV shows to rent, buy, or watch free with ads across tens of millions of U.S. households and devices. Fandango united Vudu with its FandangoNOW service into a single transactional streaming platform.

At Fandango, we've been building a digital network that super-serves tens of millions of fans across the entire entertainment lifecycle.Paul Yanover — President, Fandango

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 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 acquired Metrological, a Netherlands-based company that builds application platforms and app-store technology for cable set-top boxes and connected-TV devices, supporting the deployment of streaming applications on operator platforms.

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

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 acquired the Converge business of iControl Networks, the Internet of Things platform that powers the Xfinity Home connected-home security and automation service. Owning the core technology gave Comcast direct control of the platform behind its home-security and smart-home products, and it established an IoT Center of Excellence in Austin, Texas.

Comcast acquired Stringify, a startup offering a cloud-based automation service connecting hundreds of internet-of-things products and digital services. Its technology was integrated into Comcast's Xfinity home-automation platform.

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

Comcast acquired OneTwoSee, a Philadelphia-based sports data and technology startup. Its team joined Comcast's sports-technology group and helped build interactive sports experiences for the X1 platform, giving fans real-time data and statistics.

Comcast acquired Visible World, a provider of addressable and data-driven television advertising technology. Its capabilities were combined with Comcast's other advertising-technology assets under the company's advanced-advertising organization, which also brought together Strata and FreeWheel.

Comcast acquired Strata, a provider of advertising buy- and sell-side management software used by agencies, advertisers, broadcasters, and pay-TV providers. Strata became part of Comcast's advanced-advertising group alongside FreeWheel and Visible World.

Comcast acquired This Technology, a company specializing in server-side dynamic ad-insertion software for streaming and on-demand video. Its technology was folded into Comcast's advertising-technology operations.

Comcast acquired AudienceXpress, a programmatic television advertising platform that enables data-driven, automated buying of TV inventory. It became part of Comcast's advertising organization alongside FreeWheel.

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 acquired the remaining 50% equity interest in MSNBC Interactive News, LLC (msnbc.com) that it did not already own, buying out its joint-venture partner and taking full control of the digital news operation. Following the transaction msnbc.com became a wholly owned consolidated subsidiary of NBCUniversal.

NBCUniversal acquired the remaining 50% equity interest in Universal Orlando (Universal City Development Partners) that it did not already own, making the resort a wholly owned consolidated subsidiary. Universal Orlando is a major theme-park and resort destination, and its results are reported in NBCUniversal's Theme Parks segment.

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 acquired DailyCandy, an e-mail newsletter and website delivering curated lifestyle, fashion, food, and shopping recommendations to a large subscriber base. The property was purchased from Pilot Group and folded into Comcast's interactive media businesses.

Comcast acquired Plaxo, an online smart address book and social contacts service that let users keep their contact information synchronized and up to date across networks. Plaxo was integrated into Comcast's interactive media operations.

Comcast acquired full ownership of the cable systems held through the Insight Midwest partnership, moving from a 50% joint-venture interest to complete control. The systems served customers across midwestern states.

Comcast acquired Movies.com, an online destination for movie information, showtimes, trailers, and entertainment content. The property complemented Comcast's Fandango and interactive media assets focused on film discovery and moviegoing.

Comcast acquired the central New Jersey cable system operated by Patriot Media, adding approximately 81,000 video customers to its Cable segment. The acquisition expanded Comcast's cable footprint in the region and was integrated into its consolidated cable operations.

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 acquired thePlatform, a Seattle-based provider of online video management and publishing software. Its technology let content owners and service providers ingest, manage, and distribute video across broadband, mobile, and connected devices. The business supported Comcast's online video services and later underpinned distribution technology across NBCUniversal.

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 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 acquired a 50.1% controlling interest in E! Entertainment Television, the cable network known for entertainment and celebrity programming, in a transaction alongside The Walt Disney Company. The stake gave Comcast control of the network's operations.

Metrophone was the cellular telephone system serving the Philadelphia market. Comcast acquired a controlling interest, roughly tripling the population it served in cellular to about 7.4 million.

American Cellular Network Corporation, known as AMCELL, was a cellular telephone operator serving the New Jersey market. Its acquisition formed the basis of Comcast's new cellular division, Comcast Cellular Communications.

Storecast Corporation of America was a marketing firm that helped food companies track and improve the placement of their products in supermarkets. It was one of Comcast's earliest acquisitions.