Enghouse Completes Acquisition of SeaChange [Yahoo! Finance]
SeaChange International, Inc. (SEAC)
Last seachange international, inc. earnings: 4/6 04:05 pm
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US:NASDAQ Investor Relations:
investors.schange.com
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Source: Yahoo! Finance
successfully completed its acquisition of substantially all of the assets of SeaChange International, Inc. ("Seachange") related to its IPTV products and services business, for a purchase price of approximately US$ 23 million (after the deduction of SeaChange's cash and cash equivalents at the closing date). SeaChange's annual revenues are currently expected to be approximately US$ 18 million (reflecting adjustments for the recent completion of a large low margin custom contract, the end of life of one of SeaChange's products and certain other customer attritions). SeaChange is a provider of streaming video services, cable TV broadcast platforms and advanced advertising insertion technology. The company provides their IPTV technology to operators, broadcasters and content owners worldwide to help them deliver the highest quality video experience to consumers. Its StreamVid premium streaming product enables customers to cost-effectively launch and grow a direct-to-consumer service to
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- SeaChange International, Inc. (NASDAQ: SEAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- SeaChange International, Inc. (NASDAQ: SEAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Enghouse Completes Acquisition of SeaChange [Yahoo! Finance]Yahoo! Finance