SeaChange International said it sold its media services division, On...
SeaChange International said it sold its media services division, On Demand Group, to Avail-TVN for $27 million. The sale reflects SeaChange’s strategy to become a pure-play software company, CEO Raghu Rau said. “We can now focus our efforts on strengthening…
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our competitive advantage in delivering next generation multi-screen video software solutions to cable, IPTV and mobile operators,” he said.