Altice, which had been looking at possibly selling its Suddenlink business (see 2208040037), will keep it after all. Altice's board unanimously decided continuing to operate Suddenlink "represents the best path forward for Altice USA and its stockholders," it said Thursday. "They obviously didn’t get an offer at a price they considered adequate," New Street Research's Jonathan Chaplin wrote investors, noting the move was "widely anticipated."

Snap One acquired remote support service company Parasol, it said Monday. Terms weren’t given. Snap One announced a strategic investment in Parasol in May 2021 that it said complemented its purchase of Access Networks. Parasol’s remote support service helps integrators reduce response times, increases monthly service revenue and improves clients’ experiences, said Snap One CEO John Heyman. The full acquisition "demonstrates our confidence in the service and the growth opportunities it offers," Heyman said. Parasol will continue to support existing customers and projects, while integrating its knowledge and experience into the Snap One team, Snap said.

Alarm.com bought a majority of connected safety platform company Noonlight, it said Wednesday. Noonlight began as a personal safety mobile app and has grown to a platform with over 3.5 million app users, the companies said. The investment in Noonlight will have “aligned missions to protect people through advanced technology,” said Alarm.com Chief Strategy and Innovation Officer Jeff Bedell. Noonlight CEO Zach Winkler noted Alarm.com’s history of allowing companies it invested in to “continue to operate as an independent business and brand,” while benefiting from its resources. Noonlight will continue to operate independently as an IoT device monitoring provider and consumer safety app, the companies said. Terms weren’t disclosed.

Cable One and Stephens Capital Partners, which together own a majority of Wisper, are seeking FCC OK to sell their holdings to Wisper founder Nathan Stooke, who has a minority interest. In a Section 214 transfer application posted Monday, Cable One and Stephens said some financing for the purchase of their holdings would also go to Wisper to allow it to accelerate buildout to its Connect America Fund and Rural Digital Opportunity Fund locations. Wisper provided fixed wireless and fiber-based broadband and voice services in Arkansas, Illinois, Indiana, Kansas, Missouri and Oklahoma.

The U.K.'s Competition and Markets Authority referred the proposed Viasat/Inmarsat deal to a phase 2 investigation, after its decision last week that the deal could hurt competition, the agency said Friday. The satellite operators said they will work with CMA "to demonstrate how the planned combination of the companies will benefit customers by improving efficiencies, lowering costs, and increasing the availability of in-flight connectivity around the world." The $7.3 billion deal was announced in November (see 2111080038).

ADT announced Thursday it closed State Farm’s $1.2 billion investment in the home security company, in a private placement of 133.3 million shares (see 2209060041). The companies said in September they planned to “revolutionize the homeownership experience” via mitigation of property losses through detection and monitoring. In addition to the equity investment of 15% in ADT, State Farm committed up to $300 million to fund “product and technology innovation, customer growth and marketing activities” associated with the partnership. State Farm has funded the first $100 million and the two companies will collaborate to approve initiatives using the funds, they said Thursday. Part of the investment includes a seat on ADT’s board; State Farm designated Chief Operating Officer Paul Smith as its representative. On a September call, ADT CEO Jim DeVries said partnering with State Farm will give ADT the chance to “capture a greater share of market by using ADT’s smart home security offerings to drive innovation in homeowners’ insurance.” A first-of-its-kind integrated offering will deliver “substantial customer value using smart home technology” to mitigate losses from water, fire and intrusion, “moving from a repair and replace model to a predict and prevent mindset," he said. As part of last month's announcement, Google committed an incremental $150 million to its existing success fund, earmarked for expanding access to smart home innovation and technologies to more customers via new sales and marketing programs. Google spent $450 million (see 2008040064) for 6.6% of ADT in August 2020 to create “the next generation of the helpful home.” ADT said it plans to repurchase up to 133.3 million shares in a tender offer that initiated Sept. 12.

Nexstar closed on its 75% ownership stake buy of the CW Network from Warner Bros. Discovery and Paramount, both of which will retain a 12.5% ownership interest, the company said Monday. The deal was announced in August (see 2208150052).

Semtech shareholders voted in a special meeting to approve their company’s $1.2 billion Sierra Wireless buy in an all-cash transaction. Semtech expects the deal to close during the current fiscal year ending Jan. 31, it said Tuesday.

Imax bought video optimization company Ssimwave for $18.5 million in cash and $2.5 million in stock, plus an additional earnout consideration of $4 million based on financial objectives, it announced Thursday. Ssimwave’s 30-person engineering team “has mapped the human visual system to produce one of the most accurate measures of perceptual quality,” driven by its AI-based software that enhances video streams and files in real time, Imax said. With the rise in demand for higher resolution video for 4K, 8K, virtual and augmented reality, and gaming, filmmakers and creators are looking for systems that ensure the fidelity and quality of their work on screen, Imax said. Near term, Imax will work with Ssimwave to grow its business and product offerings, including internationally; long term, Imax’s technology and post-production teams will work with Ssimwave’s engineers to develop solutions for “Imax-quality video experiences” globally, it said. The acquisition builds on Imax Enhanced, the company’s platform for streaming entertainment. Rosenblatt Securities analyst Steven Frankel applauded the acquisition in a Thursday investor note, saying it "expands the company’s reach, building deeper relationships with potential streaming partners and provides solutions that can help both existing efforts in the legacy business and the nascent live events business."

Ricoh USA bought AV technology supplier Cenero with the aim of expanding its hybrid workplace offerings and “collaborative meeting experiences for on-premises and remote employees alike," said the buyer Wednesday. The acquisition “will help Ricoh support its customers with their growing number of offices, meeting rooms, and learning spaces that are quickly being modified to support hybrid working and learning models,” it said. Cenero’s team will report to Ricoh North America, it said. Transaction terms weren’t disclosed.