Microsoft's (Nasdaq: MSFT) loss has been Oregan Networks' gain. The London-based middleware provider, which grabbed a huge chunk of business when BT Vision (NYSE: BT) dumped Mediaroom, reported 17.9 percent uplift in licensing and professional services in 2012.
Microsoft is currently in the process of selling Mediaroom to Ericsson (Nasdaq: ERIC).
Oregan recently finished downloading its hybrid IPTV middleware to BT Vision's installed base and is now in full commercial deployment. It first reported the product win in 2011.
The company also reported that it rolled out its technology with Telefonica in Spain, Argentina and Brazil and "service adoption rates in Argentina, in particular, have continued to grow." Oregan said that its middleware is now compliant with broadcast and regulatory requirements for Brazil, Argentina, Chile, Peru and Colombia and that it is opening a branch office in Singapore to better access and support its growing Southeast Asia customer base.
"Oregan's strategic focus on broadcast and Internet TV convergence, along with the relevance of our product in both the telecoms and broadcast sectors, have made significant contributions to our success in 2012," CEO Mark Perry said in a corporate press release. "Our ongoing expansion into emerging markets and a proven ability to scale to meet complex project demands has enabled Oregan to continue consolidating its market leadership despite the challenging economic climate."
In short, Perry said, "we are confident in the business momentum we carry forward into the 2013 financial year."
Oregan powers hybrid IPTV devices for telecom operators and retail brands. It also runs on devices sold and leased by Telefonica, CAT Telecom, NTT, Batelco, Sony, Philips, Dixons and Sharp, the company said, noting that its Oregan Media Browser platform was created for operators aiming to blend user experiences across multiple mobile, TV and PC screens.
- see this press release
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