SeaChange (SEAC), a provider of video-on-demand solutions for cable providers, is selling its...

|About: SeaChange International, Inc. (SEAC)|By:, SA News Editor

SeaChange (SEAC), a provider of video-on-demand solutions for cable providers, is selling its media services subsidiary to Avail-TVN for $27M in cash. SeaChange says the deal is part of its efforts to transform "into a pure-play software company." Shares +1.5% AH. (PR)