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Latest Optibase Business Stories

2008-08-05 12:00:23

Scopus Video Networks has entered into a non-binding term sheet to acquire the business of Optibase, the company's principal shareholder and provider of encoding, decoding, video server upload and streaming solutions for telecom operators. Pursuant to the term sheet, Scopus will acquire certain assets and liabilities related to the digital video and streaming business of Optibase, in consideration for 2.6 million ordinary shares of Scopus plus an earn-out of up to 0.9 million additional...


Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin