Canadian IPTV middleware vendor Espial Group said it will acquire Kasenna, a competitor based in Sunnyvale, Calif., in a move that will aid consolidation in the fragmented IPTV middleware sector. The $6.5 million deal likely will close later this month.
According to Espial, the combined company will have more than 100 service provider customers supporting about 2.4 million IPTV customers. Kasenna customers include Cavalier Telephone, CenturyTel, FastWeb, Kentucky Telephone, SaskTel, Tennessee Telephone, Time Warner Cable, Charter Communications and Knology.
The IPTV middleware market also includes companies such as Minerva Networks, Innovate Systems, Quative, Thomson, Nokia Siemens Networks and many others, though some service providers also have opted to test or use their own middleware, which has made the landscape even more competitive and fragmented.
- see this report at Multichannel News