From Colin Mann in Cologne
ActiveVideo Networks has revealed that is to acquire interactive TV platforms and tools specialist Avinity Systems BV, bringing together 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 will strengthen ActiveVideo Networks' technology and application offerings with the aim of creating 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.
The acquisition will give ActiveVideo Networks 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.