Vertice 360 Acquires M-Three Satcom

Madrid, Spain, March 12, 2019 – Vertice 360, the Spanish media company owned by Squirrel Capital, is set to acquire M-Three Satcom, the Italian based teleport operator founded in 2004 and acquired by Giglio Group in 2015.

M-Three Satcom will be main part of a wider agreement including the purchase by Vertice of other media assets of Giglio Group as the internationally distributed Nautical Channel and  the Italian DTT Lcn  68.

Vertice 360 S.A. produces audiovisual screening services. The company offers film, TV, and new interactive platforms, as well as provides technical services and equipment for audiovisual production, advertising, transmission channels, direct generation of live entertainment, development of applications, and solution for communication.

Reports say the new company asset and partnership will allow a further expansion in the international arena with plans of new POPs and satellite/OB facilities outside of the legacy Italian infrastructure, which will remain the key asset of the company. Plans for 2019 - 2021 include further diversification in the teleport based services with new video and data platforms and additional investments in the Broadcast division.

Advanced Television reported that Michele Magnifichi, co-founder of M-Three Satcom in 2004 and manager of  the company, will continue to head the expanded company as  M3 CEO and will report to Vertice board for the Group’s related activities.

M-Three Satcom is a Business Division of Giglio Group SpA, fully dedicated to provide top level, reliable, complete and cost-effective solutions to the TV and Radio Broadcast market.

The company manages an efficient network that includes two owned teleports, in Milan and Rome, a fleet of outside broadcast units for production and transmission, and a Fibre Optics infrastructure able to reach points of access and media centers all around the world. Thanks to continuous investments on innovation and research, to long term agreements with main international operators and manufacturers, and to a skilled group of professionals, M-Three Satcom offers 360° turn-key solutions for any need in production, transmission, distribution and connectivity.

The services bouquet includes DTH platform on Hot Bird, various contribution platforms on the Eutelsat satellite fleet, HD live production and transmission, new IP based Uplink service via Eutelsat Kasat and NewsSpotter solutions, and system integration services, together with Thomson and VidyoCast as regional value-added reseller and integrator.

Reports say the spin off and transition process will end in H1 2019.