SeaChange International has made a $12 million purchase of software company VividLogic, expanding its influence into the software market through MHP, tru2way and in-home content protection.
“VividLogic expands our software product portfolio by providing wireless gateway, tru2way and MHP capability to our in-home offerings. Tru2way and MHP are especially important as both North American and European service providers prepare their networks for customer interactive applications,” explained Bill Styslinger, SeaChange Chairman and CEO. “As the next generation of in-home devices including wireless gateways and cable-ready televisions emerge, it is important that we embrace these technologies to continue to lead in the in-home software markets.”
Restrictions on the sale of TV Navigator products in North America, imposed following the 2005 acquisition from Liberate Technologies, have now been lifted. This will enable Liberate to further grow its software business both in the US and in Europe, where enthusiasm for the TV Everywhere concept is growing.