Video tech companies SeaChange International and Concurrent Computer Corp. have teamed up to provide software and content delivery network technologies to what they term as a "leading North American video services provider."
Video software maker SeaChange International announced Monday that it will lay off 10 percent of its global workforce, resulting in the loss of about 70 jobs.
Video-on-demand technology vendor SeaChange International generated $35.6 million in revenue in its fiscal fourth quarter of 2014, down significantly compared to the $44.6 million in revenue that it posted this time last year.
SeaChange International said late Tuesday that it'll miss its revenue projections for the fourth quarter by more than $5 million, with the video-on-demand technology vendor blaming the shortfall on "delays in receiving anticipated orders from customers in the Americas along with continued delays in receiving some final acceptances."
SeaChange International said Wednesday that it struck a deal with ThinkAnalytics which will allow it to add a program guide recommendation engine to the multiplatform video software package that it sells to pay TV distributors.
Liberty Global said Friday that video-on-demand technology vendor SeaChange International and Cisco were on the list of cable technology providers that picked up awards at its 2013 "vendor awards" event in Amsterdam.
Multiscreen is as much a watchword as 4K at this year's International Broadcast Convention, but vendors Arris and SeaChange International are taking different tacks to attract operators in the European market.
Video-on-demand technology vendor SeaChange International said it generated $36.6 million in revenue in its fiscal first quarter of 2014, down $1 million from this time last year.
Ad insertion technology vendor BlackArrow is pitching cable operators a new product that could be used to deliver targeted ads to subscribers watching live TV programming on tablets and other IP devices.
Concurrent said it struck a deal with British MSO Virgin Media, which will use its MediaHawk product to power its cloud-based Virgin TV Anywhere service.