emuse technologies, creator of Interactive TV application development tool Modelstream, announced the availability of a new Modelstream Generate version compatible with the United States’ cable industry’s standard middleware platform, the OpenCable Applications Platform (OCAP), providing the worldwide interactive television community with a single tool that will author to all leading iTV platforms.
This latest platform extension to the Modelstream Generate suite follows successful U.S. trials held in conjunction with Osmosys, a business created to focus on providing the latest generation of Open Standard Middleware solutions and services for the Interactive TV market, using their OCAP software stack on various hardware manufacturers’ set top boxes. This extension of Modelstream to support the OCAP is the latest product based on the collaboration between emuse and Osmosys, which has already produced comprehensive support for the Multimedia Home Platform (MHP).
“As we continue to evolve the Modelstream suite of products for the U.S. market, the decision to release an OCAP compatible version of Modelstream Generate is a natural extension of our existing MHP capabilities. We invite everyone with a vested interest in creating and evaluating OCAP applications in the U.S. to work with us to stimulate OCAP innovation,” commented emuse technologies CEO Patrick Rainsford.
Anthony Smith-Chaigneau, vice president of business development for Osmosys added, “One of the requirements of good quality interactive television content is the ability of the designers to maintain freedom of expression. With this in mind, the emuse Modelstream package brings a very significant shift in designing for interactive television and will radically change the application development tools genre. As OCAP experts, we welcome this innovation and are keen to see that the whole value chain and iTV market is moving rapidly to support Open Standard Middleware.”
The OCAP version of Modelstream Generate is currently being delivered to key clients and is available from emuse technologies’ Los Angeles office.
More information is available at (310) 727-2630 or http://www.emusetechnologies.com.
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Behrman Capital Acquires Pelican Products For $200 Million
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Behrman Capital, a private equity investment firm based in New York and San Francisco, has acquired privately-held protective case manufacturer Pelican Products, Inc. The Company’s senior management is also participating in this transaction, which has an aggregate value of approximately $200 million.
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Behrman Capital, a private equity investment firm based in New York and San Francisco, has acquired privately-held protective case manufacturer Pelican Products, Inc. The Company’s senior management is also participating in this transaction, which has an aggregate value of approximately $200 million.
Based in Torrance, California, Pelican Products cases and flashlights are complementary products sold to a diverse group of industrial, military, OEM, government, broadcast, and specialty sports end markets throughout the United States and in many international markets. Founded in 1976 by CEO David H. Parker, the company’s earliest products served scuba enthusiasts. The Company’s product portfolio has expanded substantially to provide protective cases and highly advanced flashlights for a wide variety of applications. Pelican has revenues of approximately $100 million and employs over 500 people.
“Pelican’s innovative, high quality products are known the world over for their unique strength and utility in some of the most demanding environments on earth,” said Grant G. Behrman, Managing Partner of Behrman Capital. “Dave Parker is a true entrepreneur, having grown Pelican from an operation begun in his own garage to an industry leader in an expanding niche that provides Pelican’s cases and flashlights to a wide variety of customers worldwide. Together with our operating partner Rob Gluskin, a seasoned veteran in the specialty packaging area, we are pleased to join with Dave Parker and his team to support the continued growth and development of Pelican Products.”
“We’ve been looking for some time for an equity partner capable of supporting Pelican’s growth while appreciating our own entrepreneurial culture,” said David H. Parker, CEO of Pelican Products. “Behrman Capital has a long track record of successfully working with businesses such as ours to take their best qualities, combine them with additional financial and operational expertise, and bring the business to the next level. We’re excited to begin the next chapter in Pelican’s story of expansion and growth.”
Based in New York City and San Francisco, Behrman Capital was founded in 1992 by Grant G. Behrman and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth companies and provides expansion capital to emerging growth companies. The company’s investments are focused primarily in four industries: information technology, contract manufacturing, outsourcing and healthcare. The firm currently has a combined capital base of $1.8 billion.
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