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SeaChange International

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SeaChange International, Inc. is a global, public supplier of video delivery software, providing video streaming as well as linear TV and video advertising technology for operators, content owners, and broadcasters.

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History

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SeaChange was founded in January 1993 by Bill Styslinger. In 1996, the company became listed at NASDAQ. In April 2005, SeaChange bought the international assets of Liberate Technologies.[3]

In September 2005, SeaChange acquired UK-based On-Demand Group (ODG).[4][5] In November 2008, SeaChange acquired Mobix Interactive, also from the UK.[6]

In September 2009, SeaChange bought eventIS, based in the Netherlands.[7] In January 2010, SeaChange acquired Silicon Valley start-up VividLogic.[8][9] In June 2012, SeaChange obtained the assets of Flashlight Engineering and Consulting.[10]

As part of a strategy to become a "pure-play software provider,”[11] SeaChange did two divestitures: in May 2012, it sold ODG to Avail-TVN[12] and its server hardware business spun out to XOR Media that same month.[13] In 2014 SeaChange acquired Timeline Labs, a start-up that makes tools for broadcasters and video service providers for audience measurement via social media.[14]

SeaChange appointed Ed Terino as their new CEO in 2016,[15] who stepped down on 24 February 2019 amid a conflict with the largest shareholder.[16] On 27 September 2021, Peter D. Aquino was appointed as CEO.[17]

In 2024, almost three years after reporting wanting to merge with TrillerNet,[18] it was announced that it could be acquired by the Montreal-headquartered enterprise software company, PartnerOne for $30 million.[19] However, on May 9, 2024, Enghouse Systems Ltd. announced that it had completed the purchase of all of the company's assets for approximately $23 million.[20]

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Awards

SeaChange has won awards, including three Emmy Awards in the category of Technology & Engineering:

  • 2001: Emmy Awards for "Pioneering developments in shared video-data-storage systems technology" with the MediaCluster video server[21]
  • 2003: Emmy Award for "Time-Shifted Television" software suite[22]
  • 2013: Emmy Award for the "Development and Commercialisation for Digital Infrastructure for Local Cable Ad Insertion"[23]
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References

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