Pulse2 Technology and Social Media News » Quadrangle Group http://pulse2.com Sun, 27 May 2012 18:16:46 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Cablevision Acquiring Bresnan Communications For $1.365 Billion http://pulse2.com/2010/06/14/cablevision-acquiring-bresnan-communications-for-1-365-billion/ http://pulse2.com/2010/06/14/cablevision-acquiring-bresnan-communications-for-1-365-billion/#comments Tue, 15 Jun 2010 04:53:37 +0000 Amit Chowdhry http://pulse2.com/?p=32879 Continue reading →]]>
Cablevision announced that they will be paying over $1.36 billion for cable services operator company Bresnan Communications.  One of Bresnan Communications owners include Providence Equity Partners and Quadrangle Group.  The deal is all-cash.  Cablevision beat other companies at the acquisition.  Another bidder included Suddenlink Communications.

Providence Equity, Quadrangle Group, and Bresnan founder William J. Bresnan bought a majority control of the cable services operations company from Comcast for $525 million in 2003.  Bresnan passed away last year.

[DealBook]

]]> http://pulse2.com/2010/06/14/cablevision-acquiring-bresnan-communications-for-1-365-billion/feed/ 1 Former Yahoo! COO Dan Rosensweig Joins Activision To Head Up Guitar Hero http://pulse2.com/2009/03/24/former-yahoo-coo-dan-rosensweig-joins-activision-to-head-up-guitar-hero/ http://pulse2.com/2009/03/24/former-yahoo-coo-dan-rosensweig-joins-activision-to-head-up-guitar-hero/#comments Tue, 24 Mar 2009 21:17:04 +0000 Amit Chowdhry http://pulse2.com/?p=12588 Continue reading →]]> danrosensweig
Dan Rosensweig is the former COO of Yahoo! Inc. and former President of CNET.  Now Rosensweig is getting into gaming by joining Activision Blizzard Inc. to head up the Guitar Hero franchise.  Rosensweig quit Yahoo! in 2006 after working there for five years in product development and marketing.  Rosensweig left around the same time Terry Semel did.

Coincidentally Activision’s current CEO Bobby Kotick served on the Yahoo! board of directors up until last year.  When Rosensweig left Yahoo!, he worked at Quadrangle Group.  Quadrangle is a private equity firm based out of New York. Rosensweig was the Silicon Valley representation of the firm.

Rosensweig’s responsibilities at Activision will be to maintain the whole Guitar Hero franchise.  The franchise was put together by Activision’s Red Octane unit and Neversoft studios.  Guitar Hero has had three blockbuster games in the franchise, but some analysts believe that the growth for music games may be slowing down.  Rosenweig needs to make sure Guitar Hero does not become obsolete.

“With a platform and content that universally engages a wide range of audiences, Guitar Hero has incredible growth potential,” stated Rosensweig. “I look forward to continuing to develop Guitar Hero into an even more successful enterprise.”

[via LAT]

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