Video-on-demand technology vendor SeaChange this week announced it is acquiring eventIS Group, a Netherlands-based company that develops VOD and linear broadcast software and related services, mostly in the European market. The deal price stated in the definitive agreement between the companies was about $36.6 million.
SeaChange also reported this week that it posted a net loss for the the second quarter, but said revenue should be somewhat higher in the second half of this year
Reuters has this report
Buckeye CableSystem upgraded its SeaChange software late last year