Orca Interactive, a middleware software provider for the IPTV market, will list its shares on the Alternative Investment Market of the London Stock Exchange (AIM). The company also announced that it has raised GBP 14 million ($25 million) a private placement with UK institutions.
Orca Interactive is a subsidiary of Emblaze Ltd.. Emblaze has not sold any shares and retains approximately 60% of Orca.
Orca said it has strong relationships with a number of large incumbent telcos and IPTV prime contractors. In addition, unlike many of its competitors, Orca is not exclusively aligned with any access provider. The company has alliances with access provider partners, for example, Huawei,
ZTE, Samsung, Corecess, Nortel, ECI Telecom and Nokia, in many of the key markets for IPTV.
To date, the Orca’s middleware is integrated with, or used in, six different STBs, four different video servers, five different DSLAMs and five different encoders. http://www.orcainteractive.com
