INTELLIGENCE
Video-on-demand technology company SeaChange is to acquire VividLogic, a US-based company that provides software and services to cable TV operators, set-top manufacturers and consumer electronics suppliers.
VividLogics software products include tru2way, MHP and GEM-based IPTV operability for set-top box and CE manufacturers as well as in-home content protection.Â
SeaChange will pay US$12m (Â8.4m) for the company. In addition, VividLogic shareholders will be entitled to the working capital on its balance sheet prior to closing the deal, an amount estimated to be US$8.6m. Â
VividLogic revenues are estimated to be approximately US$7m for 2009 and it is expected to generate a small profit for the year.
Â
TikTok competitor @triller acquires two companies as buying spree continues digitaltveurope.com/2021/04/14/tik… https://t.co/HyFMAUF8F9
15 April 2021 @ 11:06:53 UTC
.@netflix to remain top dog in Europe, but market share is shrinking digitaltveurope.com/2021/04/15/net… https://t.co/gVgvQyv8uI
15 April 2021 @ 10:43:53 UTC
ICYMI: @Roku launches new devices and OS update digitaltveurope.com/2021/04/14/rok… https://t.co/Jt1w1X68al
14 April 2021 @ 20:00:01 UTC
ICYMI: UK watchdog clears O2-Virgin Media merger digitaltveurope.com/2021/04/14/uk-… https://t.co/3GaS5CT4T7
14 April 2021 @ 19:27:00 UTC
ICYMI: Televisa and Univision to merge media businesses to create new Spanish-language global powerhouse… twitter.com/i/web/status/1…
14 April 2021 @ 18:26:00 UTC
