London-based broadcast specialist Vision247, has privately acquired Fora, a Slovenian IPTV software solutions company, in a deal valued at more than €2 million. The acquisition expands Vision247’s role as a provider of over the top (OTT) internet delivered television services to incorporate triple and quad play models for large telecom operators globally.
Fora, an established provider of IPTV software solutions and services in Europe, developed Perception. This telco IPTV platform delivers unique high performance video on demand, network personal video recording (PVR) and Time Shift systems, HTTP Live Streaming (HLS) servers, set top box and mobile client applications for key mobile operating systems including iOS and Android.
For users this translates into a complete interactive multimedia experience, incorporating IPTV and IP radio streams, video on demand, sharing and PVR, even accessing shows missed from the Cloud if a device does not support recording. Watch on a smartTV, PC, or on a mobile device; upload, manage and share photos, music and documents and choose useful widgets to deliver local information on multiscreen.
As part of the acquisition process Vision247 will invest in an expansion of Fora’s R&D and T-2 support facility in Slovenia, as well as integrating front end development of the Perception and XtremeIPTV platforms, enabling integration of Perception’s Cloud based PVR and catch up capability for legacy connected devices. Vision247 will expand content management capabilities within Perception through the integration of its SuperVision and LiveTranscoder products, and extend support for Samsung smartTVs, Roku streaming players and GoogleTV during Q1 2013.
TV_Viewer image via Shutterstock.