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Latest Satellite News Discussion, SeaChange to acquire VividLogic at General Satellite News forum; SeaChange to acquire VividLogic SeaChange International is to acquire all of VividLogic, a privately-owned California-based company that provides software and ...

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SeaChange to acquire VividLogic
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Thumbs up SeaChange to acquire VividLogic - 08-January-2010, 23:40

SeaChange to acquire VividLogic

SeaChange International is to acquire all of VividLogic, a privately-owned California-based company that provides software and services to cable television service providers, set-top box manufacturers and consumer electronics (CE) suppliers. Its software products include tru2way, Multimedia Home Platform (MHP) and Globally Executable MHP (GEM)-based IPTV operability for set-top box and CE manufacturers, and in-home content protection, as well as funded software development for the creation of service provider-sponsored home media gateways. The combination of existing SeaChange in-home technologies and the VividLogic platforms will enable SeaChange to capitalise on the market shift towards IP-delivery into and within the home.
Under the terms of the definitive agreement, SeaChange will pay $12 million in cash.


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