Verimatrix Buys Concurrent's Multi-Screen Video Analytics Business

Verimatrix says it has acquired the multiscreen video analytics business of Concurrent Computer Corporation (NASDAQ: CCUR). Terms of the deal were not disclosed. Verimatrix says the video analytics and monitoring assets, including the development team, will accelerate development of its Verspective Intelligence Center, a a cloud-based security platform designed to enhance the value of the company's Video Content Authority System (VCAS; see, for example, "Verimatrix Upgrades VIdeo Security Platform"). The ability to leverage Concurrent Computer's customer relationships, including those with top tier pay-TV operators, will also prove beneficial, the company believes. "We are excited to advance our Verspective platform and services to deliver more competitive value to our pay-TV operators through this highly strategic and targeted acquisition," said Tom Munro, CEO of Verimatrix. "Big data analytics are becoming a game-changer in the pay-TV market for operators to continually push the innovation envelope and increase ARPU. Maintaining security of that data can help enforce privacy rules while also ensuring integrity of the systems involved, making the combined offering a win-win for service providers and their subscribers." As an integrated component of the Verspective offering, the new multi-screen video analytics offering will extend monitoring and analytics services by aggregating data that provides insight into video consumption behavior and consumer trends, Verimatrix says.