Viaccess Acquires 100-Percent Stake in Orca Interactive
Viaccess, a France Telecom subsidiary, signed an agreement to
acquire 100-percent stake in Orca Interactive Ltd, an Israeli company
listed on AIM London Stock Exchange, for an estimated price of 21.4
million US dollars.
The completion of the transaction is subject to conditions
precedents and notably to the approval of the transaction by the
extraordinary general meeting of Orca Intercative.
Orca Interactive is a leading provider of IPTV middleware and
applications for broadband network operators and service providers. It
empowers the operator to deliver broadcast TV, video on demand (VOD),
personal video recording (PVR), home media and other compelling
interactive services.
Viaccess is a leader in the field of content protection, with
conditional access and DRM solutions delivered in more than 30
countries. In particular in IPTV protection, Viaccess is the European
leader with over 1.2 million active subscribers.
This acquisition will allow Viaccess to seize the new
opportunities of the TV and video markets, and to bring innovative
solutions to content services operators such as broadcasters and
telecom companies. Viaccess will offer to its clients the benefits of
integrated products.
"The acquisition of Orca Interactive by Viaccess will let both
companies leverage their respective positions in the fast growing IPTV
market. They will be key players of the evolution of the television
industry thanks to IP technologies." comments Francois Moreau de Saint
Martin, Viaccess CEO.
About Viaccess:
Viaccess S.A., delivers solutions for digital pay television and
secured content distribution. Its mission is the development,
production and marketing of Conditional Access and DRM-based systems
for all types of contents and services, for every kind of broadcast
(satellite, cable, terrestrial, MMDS) and broadband networks, fixed
(DSL) and mobile. Viaccess has been successfully deployed in 30
countries world-wide, on more than 80 digital platforms including
multi-channel providers and digital content distributors. Viaccess is
European Leader for IPTV protection (MRG IPTV Market Leader Report,
March 2006 & September 2007). For more information : www.viaccess.com