The multi-screen video analytics business of Concurrent Computer Corporation has been acquired by Verimatrix. Concurrent’s video analytics and monitoring solution, development team and commercial relationships will, said Verimatrix, help to accelerate the development of the Verimatrix Verspective Intelligence Center. The acquisition also enables Verimatrix to tap into a base of existing customer relationships that includes top tier pay-TV operators.
“We are excited to advance our Verspective platform and services to deliver more competitive value to our pay-TV operators through this highly strategic acquisition,” said Tom Munro, CEO of Verimatrix. “Big data analytics are becoming a game-changer in the pay-TV market for operators to continually push the innovation envelope and increase average revenue per user. Maintaining security of that data can help enforce privacy rules while also ensuring integrity of the systems involved, making the combined offering a win-win for service providers and their subscribers.”
According to Verimatrix, the acquisition has a natural synergy with the recent introduction of the Verspective Intelligence Center, a cloud-based platform that the company says significantly extends the value of its Verimatrix Video Content Authority System (VCAS) revenue security solutions.