Technicolor sets restructuring plan, expects ‘good year’ for Connected Home unit | Light Reading

Technicolor, a major supplier of cable modems, gateways, set-tops and video streaming devices, has pushed the go button on a restructuring plan that aims to obtain about €420 million ($472.68 million) in new financing that provides the company with the liquidity needed to turn the ship around.

Source: Technicolor sets restructuring plan, expects ‘good year’ for Connected Home unit | Light Reading