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SEAC vs. ETF Alternatives
Company Description
SeaChange International, Inc. , a Delaware corporation founded on July 9, 1993, is a leading developer, manufacturer and marketer of digital video systems and services. These products and services facilitate the aggregation, licensing, storage, management and distribution of video, television... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, May 21, 2012, 4:17 PM 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) Comment! [Tech, M&A]
- Wednesday, March 21, 2012, 12:41 PM SeaChange International (SEAC +0.9%) says it will sell its broadcast server and storage business to an investor group led by Vantage Point Capital Partners in order to focus on its core software and services operations. Comment! [Tech, M&A]
- Friday, May 27, 2011, 7:56 AM SeaChange (SEAC) responds to reports that it's in talks to be bought out by Arris (ARRS), with a vague: "As we have previously announced... the committee is continuing to evaluate a range of strategic options for the company." Shares were +21% in AH trading. Comment! [On the Move, Tech, M&A]
- Thursday, May 26, 2011, 6:01 PM Communications equipment maker Arris (ARRS) is in talks to buy SeaChange International (SEAC), a maker of digital video gear, WSJ reports. TiVo (TIVO) and NDS Group, a technology provider for pay-TV operators owned by News Corp. (NWS) and buyout firm Permira, also reportedly considered buying SEAC but have lost interest. 1 Comment [M&A]
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