SeaChange acquires eventIS

The VOD systems provider was purchased in $36 million deal.

Author:: TVTechnology
Publish date:: Sep 9, 2009

SeaChange International has acquired the eventIS Group for €25.5 million ($36.6 million). EventIS is a privately owned Eindhoven, Netherlands-based company that provides VOD and linear broadcast software and related services to cable television and telecommunication companies primarily in Europe.

Deal valued at $15 million.

Deal is valued at $36.6 million.

Deal valued at $36.6 million

IP and Networking

The new acquisition strengthens SeaChange’s VOD strategy

On Demand Group has acquired the mobile content aggregator to expand its VOD to mobile phones.

SeaChange delivers broadcast and broadband solutions at IBC2007 promo image

The video delivery platform provider will show complete systems and software for HD, IPTV and VOD.

The almost $40 million deal will consolidate Motorola’s IPTV capabilities.

IP and Networking

Purchase price in region of $10 million