Pay-TV multiscreen vendor Synacor has announced a deal with Siemens Convergence Creators to become a preferred provider of Siemens OTT Swipe technology.
OTT Swipe is a suite of products that enable everything from business management of OTT distribution for content creators to cloud-based DVR storage. Under its agreement with Siemens, Synacor will integrate its search and discovery, cloud authentication and streaming video technology with Siemens' OTT Swipe Business Management Systems (BMS) component. The solution will further be augmented by the inclusion of EveMeta's suite of low bandwidth video encoding, transcoding and transmuxing technologies.
Synacor said the resulting OTT platform will support multiscreen workflows for its pay-TV operator and programmer clients, as well as policy management, loopback services and device distribution. The platform will support a broad array of consumer devices, including iOS and Android mobile devices, gaming consoles including PlayStation 4 and Xbox One, and OTT boxes such as Roku.
"Siemens OTT Swipe is a carrier-grade, battle-tested solution that is already deployed with several large providers around the world," said Himesh Bhise, CEO of Synacor. "Based on Siemens' technical support, Synacor will enable operators and content distributors to deliver high-quality, multiplatform, live-linear, VOD, transactional and authenticated viewing experiences."
Synacor shares reached an all-time low of $1.50 a share last week before rebounding 7.2 percent yesterday. The Buffalo-based technology company continues to try to re-invigorate its product line under Bhise, who took over last year amid an aborted boardroom takeover attempt by activist shareholders.
- read this Synacor press release
Synacor announces TVE tech deal with Mediacom
Synacor sees fortunes turn with 5% Q4 revenue uptick, reveals role in Sling TV launch
Synacor acquires live streaming service NimbleTV