ActiveVideo Buys Avinity

ActiveVideo Networks acquires Avinity Systems, creates powerful interactive platform to redefine iTV on global scale

May 26, 2009

1 Min Read

COLOGNE, Germany -- ActiveVideo Networks™ announced today that it has reached an agreement to acquire Avinity Systems BV, bringing together the two leading providers of cloud-based interactive TV platforms and applications, and expanding the reach and availability of the Web-based user experiences that are redefining interactive television (iTV 2.0).

The transaction, which was announced at the ANGA Cable Trade Fair here, strengthens ActiveVideo Networks’ technology and application offerings and creates a global leader in the fast-growing market for delivery of cloud-based services to televisions around the world. The acquisition combines two companies that will have deployed interactive services to more than five million homes worldwide by the end of 2009. Post-acquisition, ActiveVideo Networks will have publicly-disclosed deployments with a wide variety of service providers, including Oceanic Time Warner Cable and Grande Communications in the United States; Tele2 and Reggefiber in Europe; and PCCW in Hong Kong. In addition, the acquisition will significantly expand ActiveVideo Networks’ list of content relationships and middleware and infrastructure integrations.

“The two companies were pursuing the same vision on different continents,” said Gary Lauder, chairman of ActiveVideo Networks. “Fortunately, their strengths and technological assets are very complementary. Due to that, and the Avinity team’s high caliber, we expect everyone to be retained and to be a vital part of our global expansion.”

ActiveVideo

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