Wyplay had its third consecutive profitable year in 2013, with fourth quarter results showing consolidated revenues of €12 million and a 30% turnover increase.
Wyplay, which is a creator of software solutions for pay-TV operators, achieved two important launches during 2013 and expanded internationally.
Wyplay created the first independent open source solution; Frog By Wyplay, based on its Wyplay Modular Solution already deployed to million of STBs. More than 40 companies have joined Frog as early adopters.
Canal+ started the software update of its multi-million deployed connected set-top box in November 2013. It is the first Frog By Wyplay operator.
The company expanded internationally and opened offices in India and Latin America and a new facility in Sophia Antipolis, France.
“Our company’s profitability continues and this growth confirms our good technological positioning” said Wyplay CEO Jacques Bourgninaud.
“It reinforces the value of Frog By Wyplay, our open source initiative aiming to free all actors in the TV ecosystem from being locked into proprietary solutions”