Deals Of The Day 10/15/12

Genexis, a European provider of FTTH home gateways, will use Mindspeed Technologies Inc.’s Comcerto family of multi-core ARM based communications processors to develop a line of broadband CPE products that support new protocols and higher speeds with lower power consumption. The Comcerto 2000 processors use the company’s patented wire-rate, gigabit-speed Open Packet Acceleration Logic (OPAL) data-path acceleration technology that includes programmable wire-speed network accelerators for IPv4/IPv6 and six packet forwarding/network address translation (NAT), firewall/VPN, IPSec/SSL security processing, deep packet inspection (DPI), quality of service (QoS) and storage network processing…Israel-based pay-OTT operator Tvinci is $4.5 million to the better following a round of funding that will be invested in its OTT 2.0 Platform development and international expansion into new markets. The round was led by the company’s existing investors Kaedan Capital and Zohar Gilon, aided by new investor Trellas Enterprises. “Five years ago we began to advocate cross-device Pay-OTT TV as the future of video delivery for both TV operators and industry newcomers, and we are now truly seeing its widespread adoption,” notes CEO Ofer Shayo. “We now see a ‘second wave’ of OTT deployments – cable, satellite and telco TV operators that launched multiple video apps and Web sites over the past three or four years, now incorporating OTT video as part of their core TV offering, and looking to do more than just stream content to connected devices…With an established footprint in Europe, we are now gaining traction in Asia, Latin America and the US, and see these markets as huge potential addressable markets.”

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