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

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)
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