Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. While the former would be in a position to shore up the continual innovation and marketplace implementation of ActiveVideo's solutions, the deal should help ARRIS in strengthening its patent cloud portfolio further. 7, 2013 /PRNewswire/ - ActiveVideo Networks today announced the launch of its 'CloudTV Access' developer program, an initiative designed to accelerate the design and. Thus, we believe the move to buy ActiveVideo is a strategic fit for both Charter Communications and ARRIS. In addition, it serves Liberty Global plc LBTYA – the leading cable MSO in Europe and several other notable companies globally. ActiveVideo Networks, the global leader in cloud-based interactive television solutions, announced a comprehensive strategy this week to deliver its innovative CloudTV platform to consumer electronics devices. cable MSOs – Cablevision Systems Corporation CVC and Time Warner Cable Inc. does not even use the ActiveVideo CloudTV brand and instead uses its own brands. Moreover, the deal should also help ARRIS in further extending its long-standing business ties with Charter Communications.ĪctiveVideo boasts a remarkable customer base which includes leading U.S. Case opinion for US Federal Circuit ACTIVEVIDEO NETWORKS INC v. Similarly, ARRIS plans to speed up adoption of ActiveVideo's technology by capitalizing on its service provider relationships, worldwide reach and existing portfolio of CPE customers. The company expects to launch Spectrum Guide on its Worldbox, as well as on other legacy set-top boxes currently deployed within its coverage area. Interestingly, Charter Communications has been using ActiveVideo's platform to power its novel, fully featured, cloud-based Spectrum Guide. Notably, ActiveVideo's CloudTV platform allows delivery of next-generation user interfaces, video-on-demand content and interactive advertising for TV to millions of set-top boxes and connected devices by virtualizing consumer premises equipment (CPE) functions in the cloud. As it succinctly states on the ActiveVideo website: 'We use the IP connection within the device to. As its name implies, ActiveVideos CloudTV platform uses an internet-based 'cloud' as the delivery system for dynamic web content, keeping the in-device hardware/software to an absolute minimum. The deal is expected to be sealed in the second quarter of 2015, subject to regulatory approvals. ActiveVideos CloudTV takes a similar approach. Per the deal, ARRIS will hold 65% of the joint venture company and will work as the sales channel partner for ActiveVideo's CloudTV platform. ![]() ![]() The purchase price of ActiveVideo stands at around $135 million. ARRS for the acquisition of ActiveVideo Networks – a provider of cloud-based interfaces and applications. CHTR recently inked a joint venture (JV) agreement with leading video and broadband gear manufacturer, ARRIS Group, Inc. cable multi service operator (MSO) Charter Communications Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |