Satellite TV operator DirecTV has inked a deal to aquire most of the assets of ReplayTV from its current corporate owner, Japan’s D&M Holdings, Inc.
“Although we valued this asset and the business was profitable, the sale of ReplayTV to DirecTV makes the most sense for this business, its employees and us,” said D&M Holdings chair and CEO Eric C. Evans, in a statement. “We believe this transaction is a positive development for ReplayTV and this sale allows D&M to further direct our focus on building our brands and executing our growth and acquisition strategies.”

