France Telecom-Subsidiary, Viaccess, to Acquire Orca Interactive

Israeli IPTV middleware and applications provider, Orca Interactive, is
to be acquired by France Telecom-subsidiary, Viaccess, in a deal that
values it at approximately $21.4 million (note: for more info on recent
product announcements by Orca).
The deal is subject to various
conditions, including approval by an extraordinary general meeting of
Orca Interactive. Viaccess is a provider of content-protection
technology, that claims to have deployed its conditional access and
DRM solutions in over 30 countries, and to serve over 1.2 million
active IPTV subscribers around the world. The companies say that the
acquisition will enable them to improve their respective market
positions and enhance their ability to "smoothly deliver innovative
solutions" with an integrated IPTV platform. "Viaccess's investment in
Orca proves that we are standing at the brink of a new era, firmly
cementing IPTV's role in the consolidation of telecommunications
services," Orca CEO, Haggai Barel, said in a prepared statement. "As a
true industry pioneer, Orca Interactive has continuously led the IPTV
revolution with cutting-edge technology and a flexible middleware
platform designed to make next-generation TV services a reality.
Today's announcement represents a significant milestone both for Orca
and for the IPTV market at large."