Accenture acquires Nokia Siemens Networks IPTV assets

Accenture has acquired the software and skills of Nokia Siemens Networks’ IPTV business for an undisclosed sum. It plans to integrate its newly-acquired IPTV software, assets and capabilities with the Accenture Video Solution – a software product and a suite of services that enables companies to launch new over-the-top TV and services quickly and economically while reducing the initial costs of IT and infrastructure set-up. It suggests this will create the industry’s most comprehensive, feature-rich video software and services platform currently available for video service providers and their subscribers.

Accenture says the acquisition adds key IPTV skills and experience to its existing over-the-top video capabilities, enabling it to provide end-to-end technology integration services to any vendor for any video platform. Accenture will be able to help clients provide end users with a dynamic and interactive video experience with virtually any video content, in any format, across every network, on any device – from smart phones and tablets to personal computers and television sets.

Additionally, Accenture’s enhanced broadband video services – with a platform that manages seamless integration of devices – will give end users the ability to control their viewing experience, such as accessing content through a tablet, pausing whatever they may be watching and continuing to view that content at a later time – at home on a TV, a laptop computer, smart phone, or tablet.

“The combination of Nokia Siemens Networks’ IPTV assets with Accenture’s over-the-top TV software and capabilities, will deliver an exciting new combination of services to the global video industry,” said Marco Vernocchi, managing director of Accenture’s Media & Entertainment industry group. “The scalable and flexible end solution we are creating will help video service providers dramatically change the way they approach content distribution while balancing costs.”

The divestment was part of Nokia Siemens Networks’ strategy to focus on mobile broadband and services. A total of 17 employees are joining Accenture from Nokia Siemens Networks.

The transaction does not include the Nokia Siemens Networks’ Belgacom related IPTV assets. Selected smaller IPTV customers are out of scope of this transaction. Nokia Siemens Networks is working closely with these customers to identify the best possible way forward on a case by case basis.

 

Posted by on Oct 2 2012. Filed under Articles, Business, IPTV, IPTV, M&A, Mobile, OTT, Portable Media.

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