Concurrent Computer Corp. (https://www.ccur.com) remained steadfast in its pursuit of the telco video-on-demand sector Wednesday, this time inking a partnership with VideoTele.com (https://www.videotele.com).
VideoTele.com, a subsidiary of Tut Systems (https://www.tutsystems.com), makes a processing platform designed to pump digital TV signals over broadband networks, including those based on DSL, straight fiber-to-the-home and hybrid fiber/coax. Concurrent, meanwhile, supplies VOD hardware and software systems to broadband operators.
The companies said they will demonstrate the combination at the National Association of Broadcasters (https://www.nab.org) confab, slated to kick off in Las Vegas on April 7.
“With more than 40 telcos already delivering digital TV services using the VideoTele.com platform, it is clear that they are the provider that the telcos will rely on to expand their services to include video,” said Del Kunert, Concurrent’s vice president of rich streaming media marketing and business development, in a statement.
The deal extends Concurrent’s interest in the telco-based VOD sector. Concurrent also has equity partnership with Thirdspace, which provides IP-based VOD gear and software on an international level. Earlier this week, Concurrent reported that, due to Thirdspace’s foggy future, it might have to write down most, if not all, of its $7.3 million investment in Thirdspace.