Zenterio AB is a leading supplier of advanced Software solutions for the Broadcasting industry, targeting content providers, operators, system integrators and set-top box manufacturers. With the only hardware independent software in the set-top box market today, the Zenterio software is the optimal solution for (1) content providers and operators demanding ability to change hard ware in the future (2) system integrators demanding software that can run on already deployed STBs.
The Software platform “ZIDS” has been developed for a number of years and in 2009 reached the point of deployment. Several of the largest market participants in the world in addition to several medium sized operators are already in the customer list, which has given Zenterio a solid foundation to build upon. .
In addition Zenterio has developed a complete video streaming and management solution for mobile devices. Within this development Zenterio has secured the worldwide rights, for use in mobile devices through a state of the art video compression technology.
The transaction will strengthen Zenterio’s market penetration among mid cap operators and new regions, markets which are experiencing very high growth and demands flexibility no other Software providers can handle. Further, the transaction increases direct access to operators which enables increased interaction, thus increased sales of Software products.
Through this transaction, Sweden Telecom will gain direct access to the leading expertise in Software development for Set-top boxes. This increased cooperation has already proven to be successful as the company is in a promising position in several tenders.
For more information on this news item, please contact Andreas Eriksson via email or phone: +46 18 610 00 65