SeaChange International
(NASDAQ: SEAC)
11.83
+0.27
+2.34%
+0.27
+2.34%
MORE ON SEAC
COMPANY INFORMATION
| Exchange: | NASDAQ national market |
| Stock: | SeaChange International, Inc. |
| Industry: | Software - Application |
| Employees: | 722 |
DESCRIPTION
| SeaChange International, Inc. is a Delaware corporation founded on July 9, 1993. The Company is involved in the delivery of multi-screen video. Its products and services facilitate the aggregation, licensing, management and distribution of video, television programming and advertising content. It sells its products and services to video service providers including: cable system operators [such as Liberty Global, Inc. (‘LGI’), Virgin Media Inc. (‘Virgin Media’), Comcast Cable Communications Management, LLC (‘Comcast’), Cox Communications, Inc., Rogers Communications, Inc. and Cablevision Systems among others]; and telecommunications companies (such as Verizon Communications, Inc., AT&T Services, Inc. and Turk Telekom among others). The Company’s business is comprised of three distinct product lines: video back office platform (including video streamers), advertising and in-home gateway. Video back office platform includes the back office platform software product, SeaChange Adrenalin™ (‘Adrenalin’). Adrenalin is a comprehensive multi-screen video back office platform that enables video service providers to manage, monetize and deliver a seamless viewing experience to subscribers across multiple devices at home and on the go. It allows operators to centralize video distribution systems thereby reducing dependence on hardware and ultimately controlling operating expenses. SeaChange Nitro™ is the Company’s multi-screen user experience application that enables video service providers to seamlessly present linear, time-shifted and on-demand content across mobile, PC and television screens. Advertising includes SeaChange AdPulse™ advertising software platform which maintains ads and VOD content in separate databases. They are ingested, managed and updated separately allowing for fast and easy refresh, simple rotation of ad copy and targeting by geographic, demographic and viewing characteristics. The In-home gateway includes SeaChange Nucleus™ Soft Box software product which provides full control over set-top box functionality including channel changes, whole home VOD/DVR and content sharing anywhere in the home. As video consumption evolves, the Company is using this platform to produce software that ports to any gateway hardware and acts as a hub for all video distribution to devices throughout the home including consumer electronic devices such as iPads, smart phones and game consoles. In the market for multi-screen video, the Company competes with various larger companies offering video software back office platforms and applications such as Cisco Systems, Inc., Motorola Mobility Inc., and Ericsson Inc. In in-home gateway market, it competes with system integrators and gateway software and applications vendors who offer proprietary software and hardware solutions. In video advertisement market, it competes with Arris Group Inc. |
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