Wednesday, January 25, 2006

Terayon Restructures to Pure-Play Digital Video Company

Terayon Communication Systems is changing its corporate strategy to focus solely on its digital video applications and reduce its overall cost structure as a pure-play video business. The company is reviewing strategic alternatives for its Home Access Solutions product line, including the possibility of a sale.

"Our decision to concentrate solely on digital video applications enables us to laser-focus the company on a growing market for real-time network digital video processing and expand our applications and services," said Jerry Chase, Terayon, CEO.

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