Monday, October 1, 2012

Accenture Buys NSN's IPTV Assets

Accenture has acquired the software and skills of Nokia Siemens Networks' IPTV business.  Financial terms were not disclosed.

Accenture already offers pre-integrated Over-the-top TV (OTTV) solution that has been deployed by several large video providers.  The software delivers a seamless consumer experience for accessing linear video content, such as traditional, real-time video, through the broadcast network, as well as non-linear services, such as catch-up TV and video on demand (VOD) through a broadband network.  The newly-acquired IPTV software, assets and capabilities from NSN will be integrated with this Accenture Video Solution.
“The combination of Nokia Siemens Networks’ IPTV assets with Accenture’s over-the-top TV software and capabilities, will deliver an exciting new combination of services to the global video industry,” said Marco Vernocchi, managing director of Accenture’s Media & Entertainment industry group. “The scalable and flexible end solution we are creating will help video service providers dramatically change the way they approach content distribution while balancing costs.”