Casema
Encyclopedia
Casema was a major Dutch
provider of cable television, internet and telephone services until the merger
with Multikabel and @Home
to Ziggo
on May 16, 2008. The company was mainly active in and around the cities of Den Haag, Amersfoort
, Utrecht
, Amstelveen
, and Breda
.
Casema was founded on January 7, 1970 and was at that time mainly concerned with cable television.
Until 1998, it was owned by KPN
(75%) and the Dutch the Netherlands Public Broadcasting (25%). The company was then sold to France Télécom
, who in turn sold Casema to the Carlyle Group
, GMT Communications and Providence Equity Partners
in 2003.
In July 2006, Cinven
and Warburg Pincus
purchased the company for €2.1 billion. The new owners also bought Multikabel and Essent Kabelcom (@home), two other cable companies. From May 16, 2008 the three companies were merged to form Ziggo
.
At the time of the merger, Casema had approximately 1.4 million customers. The merged company has approximately 3.3 million customers.
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
provider of cable television, internet and telephone services until the merger
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
with Multikabel and @Home
@Home Network
@Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies TCI, Comcast, and Cox Communications, and William Randolph Hearst III, who was their first CEO, as a joint venture to produce high-speed cable Internet service through...
to Ziggo
Ziggo
Ziggo is the largest cable operator in the Netherlands, providing cable television , broadband Internet, and telephone service to both residential and commercial customers....
on May 16, 2008. The company was mainly active in and around the cities of Den Haag, Amersfoort
Amersfoort
Amersfoort is a municipality and the second largest city of the province of Utrecht in central Netherlands. The city is growing quickly but has a well-preserved and protected medieval centre. Amersfoort is one of the largest railway junctions in the country, because of its location on two of the...
, Utrecht
Utrecht (city)
Utrecht city and municipality is the capital and most populous city of the Dutch province of Utrecht. It is located in the eastern corner of the Randstad conurbation, and is the fourth largest city of the Netherlands with a population of 312,634 on 1 Jan 2011.Utrecht's ancient city centre features...
, Amstelveen
Amstelveen
' is a suburban municipality in the Netherlands, in the province of North Holland. It is part of the metropolitan area of Amsterdam. The municipality of Amstelveen consists of the following villages and/or districts: Amstelveen, Bovenkerk, Westwijk, Bankras-Kostverloren, Groenelaan, Waardhuizen,...
, and Breda
Breda
Breda is a municipality and a city in the southern part of the Netherlands. The name Breda derived from brede Aa and refers to the confluence of the rivers Mark and Aa. As a fortified city, the city was of strategic military and political significance...
.
Casema was founded on January 7, 1970 and was at that time mainly concerned with cable television.
Until 1998, it was owned by KPN
KPN
KPN is a Dutch landline and mobile telecommunications company, including both 2G and 3G mobile operations...
(75%) and the Dutch the Netherlands Public Broadcasting (25%). The company was then sold to France Télécom
France Télécom
France Telecom S.A. is the main telecommunications company in France, the third-largest in Europe and one of the largest in the world. It currently employs about 180,000 people and has 192.7 million customers worldwide . In 2010 the group had revenue of €45.5 billion...
, who in turn sold Casema to the Carlyle Group
Carlyle Group
The Carlyle Group is an American-based global asset management firm, specializing in private equity, based in Washington, D.C. The Carlyle Group operates in four business areas: corporate private equity, real assets, market strategies and fund-of-funds, through its AlpInvest subsidiary...
, GMT Communications and Providence Equity Partners
Providence Equity Partners
Providence Equity Partners is a global private equity investment firm focused on media, entertainment, communications and information investments...
in 2003.
In July 2006, Cinven
Cinven
Cinven is a British private equity firm founded in 1977 with offices in London, Paris, Frankfurt, Milan and Hong Kong. Currently, the company has raised four funds, with the last one signing up €6.5 billion...
and Warburg Pincus
Warburg Pincus
Warburg Pincus, LLC is an American private equity firm with offices in the United States, Europe, Brazil and Asia. It has been a private equity investor since 1966...
purchased the company for €2.1 billion. The new owners also bought Multikabel and Essent Kabelcom (@home), two other cable companies. From May 16, 2008 the three companies were merged to form Ziggo
Ziggo
Ziggo is the largest cable operator in the Netherlands, providing cable television , broadband Internet, and telephone service to both residential and commercial customers....
.
At the time of the merger, Casema had approximately 1.4 million customers. The merged company has approximately 3.3 million customers.
See also
- Digital television in the NetherlandsDigital television in the NetherlandsThe Netherlands now has three major forms of broadcast digital television. Terrestrial , Cable , and Satellite . In addition IPTV services are available...
- List of cable companies in the Netherlands
- Television in the Netherlands