Motorola to Acquire Modulus Video
May 2007
Motorola announced this month that it will acquire MPEG-4 encoding company Modulus Video for an undisclosed sum.
Bob Wilson, chairman & CEO of Modulus Video, said that the news of the acquisition was well received by customers, partners and their investors. The acquisition will likely close in June or July 2007.
Motorola has been Modulus’ biggest customer for the last two years, said Wilson. “It’s a natural fit,” he said.
For more information, consult our: MRG, Inc., May 2007 IPTV Bulletin
Avail Media Gets Funding
May 2007
Avail Media closed a series-B round with US$17 million in funding co-led by Washington, D.C. area funds Novak Biddle Venture Partners and Columbia Capital.
Avail Media's solution allows IPTV content to be acquired directly from programmers in its full-resolution and unaltered format, encoded and encrypted, and finally transported to the customer via satellite.
The funds will assist the company as it expands its suite of services and brings on additional employees for operations and technology development.
For more information, consult our: MRG, Inc., May 2007 IPTV Bulletin
Comcast Drops Microsoft from Cable Boxes
May 2007
Comcast said it was dropping Microsoft’s TV software from its digital cable boxes in the Seattle area. Instead, Comcast will use GuideWorks electronic program guide software, which is already in use in the rest of the U.S. GuideWorks is a joint venture between Comcast and Gemstar TV Guide.
Seattle was the only Comcast system using Microsoft software. Microsoft, however, said that its cable TV software is still in use in Latin America.
GuideWorks will be rolled out in stages to existing digital cable boxes from June through early September.
For more information, consult our: MRG, Inc., May 2007 IPTV Bulletin
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