IBC2012 Exhibition, Amsterdam, September 4, 2012 – Today, Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Concurrent (NASDAQ: CCUR) are introducing a joint offering that enables cable TV companies to significantly expand the number and variety of on-demand videos they can offer, quickly and cost-effectively.
Cable operators can then deliver these expanded video offerings to whatever device their customer prefers – from traditional TV set-top boxes to tablets, PCs or smartphones – using Alcatel-Lucent’s Velocix CDN technology and Concurrent’s MediaHawk Unified Origin and TV-VOD Edge Servers. In this way the new offering supports cable multiple service operators (MSOs) in providing their customers with the programming-rich ‘TV Everywhere’ experience they are seeking. The two companies have already completed a successful trial of this joint architecture with a large tier 1 cable MSO.
James Brickmeier, SVP, Strategic Marketing at Concurrent said: “Cable MSOs are challenged with increasing the breadth of their video-on-demand catalogs as a way to improve their competitiveness in the marketplace. With Alcatel-Lucent we have developed an architecture which allows cable operators to cost-effectively expand their catalogs to hundreds of thousands of content hours. Our joint offering enables cable operators to make this content available to customers with traditional set-top boxes, while avoiding additional investments in localized content storage arrays. Instead, they can leverage the multiscreen CDN infrastructure they are building already to access regionalized or national content storage archives.”
Paul Larbey, Vice President and General Manager of Alcatel-Lucent’s Velocix CDN activities said: “Using CDN technology, cable operators can capture a bigger piece of the market by delivering IP video services to any connected device. Thanks to the combined Alcatel-Lucent and Concurrent offering, they can now also leverage their CDNs to expand and scale their video-on-demand offering. This collaboration reflects the commitment on the part of both our companies to provide multiscreen video solutions tailored to the unique business needs of each operator.”
The offering integrates Alcatel-Lucent’s Velocix CDN solution and Concurrent’s MediaHawk™ VX origin and edge streaming solution using standardized interfaces. Alcatel-Lucent and Concurrent have been jointly promoting adoption of an open standards approach to cross-service interconnection by implementing the ‘C2’ interface which is part of the Alliance for Telecommunications Industry Solutions IPTV Interoperability Forum (ATIS IIF).
The joint offering can be seen at the IBC2012 Exhibition in Amsterdam (September 7-11) where it will be demonstrated at the Concurrent booth (4.A71).
Concurrent (NASDAQ: CCUR) is a global leader in multi-screen video delivery, media data management, and monetization. Built on a solid foundation of Emmy Award-winning technology, Concurrent’s solutions provide consumers with ubiquitous access to content on any screen and provide media stakeholders with a holistic view of the consumer video experience. Concurrent supplies customers across the entire media ecosystem (cable, telecommunications, wireless, web, advertising, and content supplier industries) with enterprise-level CDN technology, multi-screen video delivery, monetization, media data collection and logistics solutions. Concurrent’s video solutions are built upon a rich heritage of high-performance real-time technology, which also powers solutions for the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR.
Certain statements made or incorporated by reference in this release may constitute “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward looking statements include, among others, statements regarding our products and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.
Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on August 28, 2012, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading “Risk Factors” are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.
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The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world’s foremost research centers, responsible for breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent was named one of MIT Technology Review’s 2012 Top 50 list of the “World’s Most Innovative Companies” for breakthroughs such as lightRadio™, which cuts power consumption and operating costs on wireless networks while delivering lightning fast Internet access. Through such innovations, Alcatel-Lucent is making communications more sustainable, more affordable and more accessible as we pursue our mission – Realizing the Potential of a Connected World.
With operations in more than 130 countries and one of the most experienced global services organizations in the industry, Alcatel-Lucent is a local partner with global reach. The Company achieved revenues of Euro 15.3 billion in 2011 and is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog: http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.