Enghouse Systems (TSE:ENGH) has released an update.

Enghouse Systems Limited has enhanced its market presence in the IPTV sector by acquiring assets from SeaChange International for around US$ 23 million, expecting to integrate SeaChange’s advanced video streaming and advertising technologies into its Asset Management Group. This strategic move not only scales up Enghouse’s IPTV operations but also extends its reach into the European market, with Enghouse’s CEO expressing a warm welcome to SeaChange’s team and clientele.

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