[Satellite Today 11-16-09] The Kudelski Group completed its tender offer to acquire Class A shares of OpenTV Corp. not already owned by Kudelski or its subsidiaries, Kudelski announced Nov. 13.

            Shareholders of OpenTV tendered about 56.4 million shares for $1.55 per share. This represents about 60 percent of the total shares not already owned by Kudelski or its subsidiaries and gives Kudelski about 91 percent of the voting rights in OpenTV.             Kudelski has made a new offer to acquire the remaining shares, the company said. Kudelski will seek to delist OpenTV from the Nasdaq, deregister the shares with the U.S. Securities and Exchange Commission and suspend public reporting obligations.

            Kudelski acquired a controlling ownership interest in OpenTV in October 2006 and made a move in February to acquire full control but was rejected by a special committee set up by OpenTV.