Arris Group is to take control of CloudTV developers ActiveVideo. Its established a joint venture company with US cablenet Charter that will acquire ActiveVideo for $135 million.
Arris will own 65% of the new venture.
ActiveVideo’s CloudTV software platform has been used by Liberty Global to expand the reach of user experiences of its Horizon TV platform in Europe and Latin America. The technology virtualises CPE technologies in the cloud. The client base also includes Cablevision, Liberty Global, Deutsche Telekom, Time Warner Cable, J:COM, Philips, and Roku.
ActiveVideo’s platform also powers Charter’s new fully featured, cloud-based Spectrum Guide.
“This joint venture signifies Arris’s continued investment in advanced software solutions that will create value across the entire video ecosystem,” said Bob Stanzione, Arris chairman and CEO. “We look forward to the untold opportunities our extended partnership with Charter will spawn as we march together into the future. Arris and Charter are paving the way for an all IP network migration and enabling the software-defined TV experience that will deliver the unified, next-gen content experiences that today’s consumers demand.”
ActiveVideo’s platform powers Charter’s new fully featured, cloud-based Spectrum Guide. Charter expects to launch Spectrum Guide on Worldbox, as well as on legacy boxes currently deployed within the Charter footprint. ActiveVideo’s global base of customers includes: Cablevision, Liberty Global, Deutsche Telekom, Time Warner Cable, J:COM, Philips, and Roku.
It’s been confirmed Jeff Miller will continue to lead ActiveVideo as CEO.
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