Concurrent Buys TellyTopia Online Video Platform

Concurrent (www.ccur.com) has acquired key technology assets from TellyTopia (www.tellytopia.com), one of the world's first companies to bring user-generated and Internet hosted video directly to TV over service providers' existing network infrastructures. Telly...

Concurrent (www.ccur.com) has acquired key technology assets from TellyTopia (www.tellytopia.com), one of the world's first companies to bring user-generated and Internet hosted video directly to TV over service providers' existing network infrastructures. TellyTopia's patent-pending, cloud-based, online video platform becomes part of Concurrent's multi-screen portfolio. Concurrent purchased the TellyTopia technology for an undisclosed sum that is not expected to have a material impact on Concurrent's balance sheet.
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