M&A Deal Summary

Telstra Acquires GlobeCast Australia Pty.

On March 18, 2015, Telstra acquired media company GlobeCast Australia Pty.

Acquisition Highlights
  • This is Telstra’s 1st transaction in the Media sector.
  • This is Telstra’s 5th transaction in Australia.

M&A Deal Summary

Date 2015-03-18
Target GlobeCast Australia Pty.
Sector Media
Buyer(s) Telstra
Deal Type Add-on Acquisition

Target

GlobeCast Australia Pty.

Artarmon, Australia
Globecast Australia is a provider of broadcast services for Australia, New Zealand and the Pacific Islands. Specialising in live delivery of Standard and High Definition content at the cutting edge of broadcast technology.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Telstra

Melbourne, Australia

Category Company
Founded 1901
Sector Communications
Employees30,553
Revenue 22.7B AUD (2025)
DESCRIPTION

Telstra provides telecommunications and information products and services through its Australian and offshore operations. TLS has a wide range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international. Telstra was founded in 1901 and is based in Melbourne, Australia.


DEAL STATS #
Overall 10 of 20
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 15
Country: Australia M&A 5 of 12
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-23 Pacnet

Hong Kong, China

Pacnet is a provider of connectivity, managed services and data centre services to carriers, multinational corporations and governments in the Asia-Pacific region.

Buy $697M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-27 Dr Foster Intelligence

London,, United Kingdom

Dr Foster Intelligence is a provider of healthcare variation analysis and clinical benchmarking solutions worldwide, its specialist teams share their world-class expertise with healthcare leaders in hundreds of leading hospitals in twelve countries.

Buy -