SeaChange International Inc is a Delaware corporation founded on July 9, 1993. The Company is engaged in the delivery of multi-screen television. Its products and services facilitate the aggregation, licensing, management and distribution of video ( movies and television programming) and television advertisements. It sells its software products and services to television service providers including: cable television system operators, such as Liberty Global, plc. (LGI), Comcast Corporation (Comcast), Cox Communications, Inc. (Cox), Rogers Communications, Inc. and Cablevision Systems among others; and telecommunications companies, such as Verizon Communications, Inc., AT&T, Inc. and Eircom among others. Its products and services are designed to enable its customers to reduce capital and operating expenses, reduce subscriber turnover, and increase average revenue per subscriber by establishing new, revenue-generating subscription television services and advertising. Using its products and services, it believes its customers can increase their revenues by offering services such as video-on-demand (VOD) television programming on a variety of customer devices, including mobile telephones (smart phones), personal computers (PCs), tablets and over-the-top (OTT) streaming players. Its systems enables television service providers to offer other interactive television services that allow subscribers to receive personalized services and interact with their video devices, thereby enhancing their viewing experience. Its products also allow its customers to insert advertising into broadcast and VOD content. Its business is comprised of three product areas: multi-screen television, television advertising and video gateway software. It currently sells its products to video service providers, including cable system operators and telecommunications companies. In the market for multi-screen video, it competes with various larger companies offering video software back office platforms and applications such as Cisco Systems, Inc., Arris Group Inc. (ARRIS), and Ericsson Inc. In its video gateway software market, it competes with system integrators and gateway software and applications vendors who offers proprietary software and hardware solutions. In the advertisement platform market, it generally competes with ARRIS and BlackArrow. It has been granted 30 patents (including 28 U.S. patents).
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.