Teleste has said it will discontinue its IPTV middleware offer, opting instead for partnerships with other manufacturers in the area.
The product was launched in 2012 as part of the Ubique product line, which will continue as a platform for over-the-top product.
Negotiations have begun with the company’s development team in Tampere, Finland, with the likelihood that six people will be made redundant.
Launched at IBC 2012, Teleste Ubique includes everything needed to set up an OTT service – headends, transcoders, management system, and content protection system.