SeaChange International has acquired the Warsaw-based set-top and multiscreen device software developer and integrator DCC Labs.
SeaChange says the $8 million purchase will help it advance its set-top, multiscreen subscriber device and application strategies.
DCC Labs first came to SeaChange’s attention in 2015 when it helped them support a major set-top development project for a large European cable operator. 70 engineers have been working on projects involving set-tops, mobile devices and smart TVs.
“Through our successful collaboration in the field, SeaChange determined that DCC Labs’ experience and strengths are exceptionally well-aligned with our strategy to operate more efficiently and rapidly roll out high-value, front-end product innovations,” said Ed Terino, CEO, SeaChange. “SeaChange is now better positioned to serve the global RDK licensee community, as well as fulfilling service providers’ growing desire to focus on a select set of vendors to support their video infrastructure from the back-end all the way through to set-tops, mobile devices and the subscriber experience.”
DCC Labs was owned in part by 7bulls.com, a private group of software development and integration companies focused on delivering advanced technologies and IT solutions for large enterprises throughout the Americas, Asia and Europe in a range of industries including finance, automotive, retail and media.
